question archive What lump sum deposited today at 8% compounded quarterly for 10 years will yield the same final amount as deposits of $7000 at the end of each? 6-month period for 10 years at 4% compounded semiannually? The value of the lump sum is $??? ?(Round to the nearest cent as? needed
What lump sum deposited today at 8% compounded quarterly for 10 years will yield the same final amount as deposits of $7000 at the end of each? 6-month period for 10 years at 4% compounded semiannually? The value of the lump sum is $??? ?(Round to the nearest cent as? needed
Subject:AccountingPrice: Bought3
What lump sum deposited today at 8% compounded quarterly for 10 years will yield the same final amount as deposits of $7000 at the end of each? 6-month period for 10 years at 4% compounded semiannually?
The value of the lump sum is $???
?(Round to the nearest cent as? needed.)
