Wilson invested $6000 into an account earning 4.9% interest per year, compounded quarterly. Find the total value of his investment after 7 years. Give the answer to 2 decimal places, and do not use the $ sign in the answer box. The total value is Blank 1. Calculate the answer by read surrounding text. dollars.

Wilson invested $6000 into an account earning 4.9% interest per year, compounded quarterly. Find the total value of his investment after 7 years. Give the answer to 2 decimal places, and do not use the $ sign in the answer box. The total value is Blank 1. Calculate the answer by read surrounding text. dollars.

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter4: Time Value Of Money

Section: Chapter Questions

Problem 18PROB

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