accounting week 8 - 3. N=20 so N+1=21 10% annually 5% per...

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Martinia Akers Pm-1 1. N=4 10 compunded annually $35,000 x 1.464100= $51,243.50 2. N= 16 compounded quarterly $10,000x1.872981=$18,729.81 3. N=8 Compounded semiannually $25,000x1.593848=$39,846.20 Pm-3 1. N=10 Compounded Annually $20,000x15.937425=$318,748.5 2. N=20 Compounded Semiannually at 5% $15,000x33.065954=$495989.31
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Unformatted text preview: 3. N=20 so N+1=21 10% annually 5% per period =35.719252-1=34.719252 $15,000x34.719252=$520,788.78 PM-4 1. N= 6 Compounded Annually at 12% $60,000 7.115189= $8432.66 2. N=7 Compounded Annually at 12% $60,0009.089012=$6601.38...
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This note was uploaded on 11/30/2010 for the course ACCOUNTING acc 301 taught by Professor Jaquiline during the Spring '10 term at Kaplan University.

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