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Contemporary Engineering Economics 6th Edition by Chan Park
النسخة 6الرقم المعياري الدولي: 978-0134105598Contemporary Engineering Economics 6th Edition by Chan Park
النسخة 6الرقم المعياري الدولي: 978-0134105598 تمرين 14
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
(a) A = [$500( F / A ,2%,20)] × ( A/F ,8%, 5)
(b) A = $500( F / A , 2.013%, 4)
(c)
![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 (a) A = [$500( F / A ,2%,20)] × ( A/F ,8%, 5) (b) A = $500( F / A , 2.013%, 4) (c) (d) None of the above.](https://d2lvgg3v3hfg70.cloudfront.net/SM2226/11eb816b_6efe_10ac_84e6_5be635c1cd59_SM2226_00.jpg)
(d) None of the above.
(a) A = [$500( F / A ,2%,20)] × ( A/F ,8%, 5)
(b) A = $500( F / A , 2.013%, 4)
(c)
(d) None of the above.
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When compounding occurs more frequent th...
Contemporary Engineering Economics 6th Edition by Chan Park
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