A) 100 dollars is placed in an account that pays 12 percent.

Assignment Help Finance A) 100 dollars is placed in an account that pays 12 percent.

Finance

A) 100 dollars is placed in an account that pays 12 percent.

A) 100 dollars is placed in an account that pays 12 percent. How much will be in the account after o… Show more A) 100 dollars is placed in an account that pays 12 percent. How much will be in the account after one year if interest is compounded annually, semiannually, or monthly? B) 100 dollars is to be received after one year. What is the present value of this amount if you can earn 12 percent compounded annually, semiannually, or monthly? • Show less

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