Suppose you invest $34,600 into a savings account with a 11.25% annual interest rate that compounds interest semi-annually. Use the TVM

Suppose you invest $34,600 into a savings account with a 11.25% annual interest rate

that compounds interest semi-annually. Use the TVM solver on your calculator to find the
future value of the account after ten years.

Leave a Reply

Your email address will not be published. Required fields are marked *