Time Value of Money

Feb 3rd, 2012
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University of Phoenix
Course: Business and Management
Price: $10 USD

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Find a Time Value of Money calculator on the Internet and calculate your own personal figures, changing the interest rate and the compounding of the interest rate

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Time value of money Find a Time Value of Money calculator on the Internet and calculate your own personal figures, changing the interest rate and the compounding of the interest rate (annually, semiannually, and quarterly) as delineated below: 1. You place $5,000 in a savings account earning 2.50% interest compounded annually. How much will you have at the end of four years? How much would you have at the end of four years if interest is compounded semiannually? With an annual compound you will have $5,519.06 at the end of 4 years. With a semiannual compound you will have $ 5,522.43 at t

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