ow much money will you have in 30 years if you invest $250 at the...

90.2K

Verified Solution

Question

Accounting

image
ow much money will you have in 30 years if you invest $250 at the beginning of each month at 6.2 percent interest rate being compounded semiannually (Round the nearest dollar) A. $252,599 B. $253,782 C. $257,040 D. $258,351 Next Time Remaining: 012435 LOOSE

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