Joshua now has $500. How much would he have after 11 years if he leaves it invested at 4.5% with annual compounding? a. $815.76 b. $811.43 c. $522.50 d. $776.48 e. $829.72
Joshua now has $500. How much would he have after 11 years if he leaves it invested at 4.5% with annual compounding? a. $815.76 b. $811.43 c. $522.50 d. $776.48 e. $829.72
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 1PROB
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Joshua now has $500. How much would he have after 11 years if he leaves it invested at 4.5% with annual compounding?
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