SOLUTION: Anne deposited 20,000 in a bank paying 6% compounded quarterly during the first two years, 8% compounded semi-annually for the next 2 and a half years, and 12% compounded monthly f

Question 1140635: Anne deposited 20,000 in a bank paying 6% compounded quarterly during the first two years, 8% compounded semi-annually for the next 2 and a half years, and 12% compounded monthly for the last 3 and a half years. How much would she have in her account by the end of 8 years, assuming withdrawals are made? Thank you so much.
Answer by ikleyn(52803) (Show Source): You can put this solution on YOUR website!
.

Edit, re-write and re-post your problem by replacing this passage

    "assuming withdrawals are made"

by the opposite one

    "assuming withdrawals were NOT made".

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