Short Answer
To what amount will $10,000 grow after 25 years if it earns:
a. 9% compounded annually?
b. 9% compounded semiannually?
c. 9% compounded quarterly? d. 9% compounded monthly?
Correct Answer:
Verified
a) $86,230.81
b) $90...View Answer
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Correct Answer:
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b) $90...
View Answer
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