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BA/350 BA/350 ASSIGNMENT 5 PROBLEM 2 -ANSWER KEY

BA/350 BA/350 ASSIGNMENT 5 PROBLEM 2 -ANSWER KEY
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BA/350 ASSIGNMENT 5 PROBLEM 2

What will a deposit of $4500.00 left in the bank be worth under the following condintions?

 

A. Left for nine years at 7% interest

B. Left for six years at 10% compounded semi annually

C.Left for five years at 8% compounded quartlerly

D.Left for 10 years at 12% compounded monthly

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