Compounding Rate Assignment | Assignment Help Services
. You decide to invest 1000,000 in a program that is guaranteed to grow by 2.5% for each of the next 5 years. At the end of the 5 years how much is the investment worth? Answer: 13,141.08 PV 1000,000 x (1+2.5) n5 4-2. What is the effective annual rate of an investment that pays 6% for 5 years compounded semiannually? Answer: 34,935.35 A= P …
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