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Elementary,Middle School,High School,College,University,PHD

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Teaching Since: Apr 2017
Last Sign in: 363 Weeks Ago, 5 Days Ago
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  • MBA,PHD in Psychology
    Northwest Florida State College
    Jun-1992 - May-1997

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  • Professor
    Northwest Florida State College,
    Aug-2006 - Nov-2015

Category > Economics Posted 08 May 2017 My Price 9.00

Suppose you deposit $500

Suppose you deposit $500 at the end of each quarter for five years at an interest rate of 8% compounded monthly. What equal end-of-year deposit over the five years would accumulate the same amount at the end of the five years under the same interest compounding? To answer the question, which of the following is correct?

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Status NEW Posted 08 May 2017 11:05 AM My Price 9.00

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