Week_3_Conference_3-16

Week_3_Conference_3-16 - assumptions a compounding is...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
3-16  You invest $10,000 in a fund that pays 7 percent per year for 5 years. How much is  in the fund at the end of 5 years if (forgetting leap years and making “convenient” 
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: assumptions) a. compounding is annual? b. compounding is quarterly? c. compounding is monthly? d. compounding is daily?...
View Full Document

This note was uploaded on 02/15/2012 for the course MBA 101 taught by Professor X during the Spring '11 term at Shawnee.

Ask a homework question - tutors are online