Asked by Jane
$25000 is invested for 4 years 9 months .If the invesment is offered 12% compounded semi anually for the first 2 years and 10% compounded quarterly for the rest of the period,find the future value of this invesment.
Answers
Answered by
Steve
25000 * (1+.12/2)^(2*2) * (1+.10/4)^(4*2.75) = ?
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