What would be the value of the fund after the last deposit

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Reference no: EM132034835

Deposits of 8000 are made every quarter to accumulate a fund at the end of 7 years.

A. What would be the value of the fund after the last deposit if the interest rate is 10% compounded semi-annually

B. What would be the value of the fund after the last deposit if the interest rate is 10% compounded quarterly?

C. What would be the value of the fund after the last deposit if the interest rate is 10% compounded bi-monthly?

D. What would be the value of the fund after the last deposit if the interest rate is 12% compounded monthly?

E. What would be the value of the fund after the last deposit if the interest rate is 12% compounded weekly?

Reference no: EM132034835

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