What is the highest amount in six years, Finance Basics

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What is the highest amount in six years

You have $10,000 to invest for 6 years. You can invest this at a rate of 7.67% compounded annually, at a rate of 7.52% compounded quarterly, or at a rate of 7.35% compounded monthly. Which of the 3 alternatives would give you the highest amount in 6 years?

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Finance Basics: What is the highest amount in six years

Reference No:- TGS0520083

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Problem on future value of investment

Q : What is the average compounded growth rate

Q : Discuss the benefits of market research

Q : Illustrate graphically interest versus present worth

Q : What is the highest amount in six years

Q : Find impact of free trade on domestic job creation policy

Q : Describe the scope of strategic marketing planning

Q : Compute the swap spread for swap

Q : Design a requires an initial outlay

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: What is the highest amount in six years

Reference No:- TGS0520083

Recent Questions Asked Finance Basics

Q : Problem on future value of investment

Q : What is the average compounded growth rate

Q : Discuss the benefits of market research

Q : Illustrate graphically interest versus present worth

Q : What is the highest amount in six years

Q : Find impact of free trade on domestic job creation policy

Q : Describe the scope of strategic marketing planning

Q : Compute the swap spread for swap

Q : Design a requires an initial outlay

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