Business, 11.02.2021 17:30, rameseshajj

A young graduate looks to save money to buy a house 5.00 years from today. He is somewhat conservative and will invest his money in a bond fund that pays 6.00% APR with quarterly compounding. The graduate invests $12,370.00 today. How much will his account be worth in 5.00 years

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A young graduate looks to save money to buy a house 5.00 years from today. He is somewhat conservati...