Frequency of compounding will be monthly first four years, Financial Management

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Frequency of compounding will be monthly first four years

We deposit to the account 200 000 USD. This amount will be compounding 6 years. First two years will be compounding with a interest rate of 1,2 %, third year will be compounding with a interest rate of 1,5 % and last three years will be compounding with a interest rate of 2 %. Frequency of compounding will be monthly first four years and quarterly last two years. What will be the total amount on the end?

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Financial Management: Frequency of compounding will be monthly first four years

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Financial Management: Frequency of compounding will be monthly first four years

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