What Is The Maturity Value Of A 8 Year Term Deposit Of 9689 31 At 2 8 Compounded Quarterly How Much Interest Did The 1 (25.66 KiB) Viewed 20 times
What is the maturity value of a 8-year term deposit of $9689.31 at 2.8% compounded quarterly? How much interest did the deposit earn? ……. The maturity value of the term deposit is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) The amount of interest earned is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
An investment of $4171.66 earns interest at 4.4% per annum compounded quarterly for 4 years. At that time the interest rate is changed to 5% compounded semi-annually. How much will the accumulated value be 4 years after the change? CIT The accumulated value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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