28-04-2024
Mathematics

Answered

If 42000 dollars is invested at an interest rate of 9 percent per year, find the value of the investment at the end of 5 years for the following compounding methods.
(a) Annual:
Your answer is
(b) Semiannual:
Your answer is
(c) Monthly:
Your answer is
(d) Daily:
Your answer is

Answer :

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