how to do these in excel What will a deposit of...

50.1K

Verified Solution

Question

Accounting

how to do these in excel
image
What will a deposit of $6,500 at 11% compounded semiannually be worth if left in the bank for eight years? (5 Points) 6. What will a deposit of $4,500 at 6% annual interest be worth if left in the bank for nine years? (5 Points)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students