You wish to deposit 7000 in an account at the shylock bank


Question

You wish to deposit $7,000 in an account at the Shylock Bank. The bank pays interest at a nominal annual rate of 10% compounded quarterly.

What is the future value in the account after seven years?

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Financial Management: You wish to deposit 7000 in an account at the shylock bank
Reference No:- TGS02852069

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