You deposit $3000 in an account that pays 88% interest compounded semiannually. After 33 years, the interest rate is increased to XXXXXXXXXX% compounded quarterly. What will be the value of the...

You deposit $3000 in an account that pays 88% interest compounded semiannually. After 33 years, the interest rate is increased to

8.408.40% compounded quarterly. What will be the value of the account after a total of 66 years? The value of the account will be $.

Jun 03, 2022

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here