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    fely2012's Avatar
    fely2012 Posts: 1, Reputation: 1
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    #1

    Sep 20, 2012, 11:28 PM
    solving business math problems
    dexia investment limited intends to keep $2,000,000 in a bank for 5 years so that they can use the money to buy new machine the bank operates three different savings account as follows
    ipsa savings account pays 7% interest compounded annually
    irsa savings account pays 6% compounded semi annually
    igsa savings account pays 7% interest compounded quarterly
    as a financial manager determine the future value of the lump sum for each savings account and advise dexia investment limited
    Unknown008's Avatar
    Unknown008 Posts: 8,076, Reputation: 723
    Uber Member
    		  
    #2

    Sep 21, 2012, 11:40 AM
    What is your attempt?
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