
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301 Exercise 58
If you make quarterly deposits for 3 years into an account that compounds interest at 1% per month, the value of n in the F / A fator that will determine F at the end of the 3-year period is:
a) 3
b) 12
c) 36
d) None of these
a) 3
b) 12
c) 36
d) None of these
Explanation
The deposits are made quarterly in three...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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