Q: Jim Moore opened a new savings account. He deposited $12,000 at 12 percent compounded semiannually. At the start of the fourth year, Jim deposits an additional $50,000 that is also compounded

semiannually at 12 percent. At the end of 6 years, the balance in Jim Moore's account is: (Use the tables in the handbook)

A: And the answer is, e. None of the above. Source:

Koolsum|Points 1423|

mythmoh|Points 5249|

jeifunk|Points 4019|

jeifunk|Points 4019|

jcr.2008|Points 382|

scijoe21|Points 1835|

Question

Asked 7/3/2012 3:20:18 AM

0 Answers/Comments

Rating

There are no new answers.

25,746,596 questions answered

There are no comments.