If you make 30 semiannual deposits of $2000 into a fund that earns 10% compounded quarterly, how much money will be in the fund two years after the last deposit?
A) $172,275.22
B) $171,931.59
C) $209,481.94
D) $199,387.93
E) $163,646.96

Question

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The Answer of If you make 30 semiannual deposits of $2000 into a fund that earns 10% compounded quarterly, how much money will be in the fund two years after the last deposit?
A) $172,275.22
B) $171,931.59
C) $209,481.94
D) $199,387.93
E) $163,646.96

If You Make 30 Semiannual Deposits of $2000 into a Fund