February 20, 2017

Homework Help: FINANCE

Posted by lily on Wednesday, December 7, 2011 at 2:00pm.

You deposit $2,000 in an account that pays 8% interest compounded semiannually. After 4 years, the interest rate is increased to 8.28% compounded quarterly. What will be the value of the account after 4 more years? (Do not round until the final answer. Then, round to the nearest cent.)

Answer This Question

First Name:
School Subject:

Related Questions

More Related Questions