1 what is the future value in 15 months of 800 at an, Ask an Expert

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1. What is the future value in 15 months of $800 at an effective rate of 9.16%?

2. My bank compounds interest to my account daily. The effective rate is 4.53%. If I deposit $5,000 to this account, how much will that money grow to in 2 years (assuming of course no further deposits or withdrawals).

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92395539

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