IDNStudy.com, kung saan ang iyong mga tanong ay natutugunan ng mga eksaktong sagot. Magtanong at makakuha ng detalyadong sagot mula sa aming komunidad ng mga eksperto na may kaalaman.
Answer:
Step 1: Using the formula A = P(1 + i)n, find the value of $1 invested at 6%/a, compounded monthly after 1 year. ... Find the amount of an annuity of $2000 every year for 15 years if interest is 8%/a, compounded quarterly. Solution: Here the payment interval( 1 year ) is different than the interest period ( ¼ year)