If you invest ($2),000 today, ($3),000 in 2 years, ($4),000 in 5 years, and ($1),000 in 7

Question:

If you invest \($2\),000 today, \($3\),000 in 2 years, \($4\),000 in 5 years, and \($1\),000 in 7 years, how much will be in the bank 15 years from today if interest is 6 percent compounded annually?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Principles Of Engineering Economic Analysis

ISBN: 9781118163832

6th Edition

Authors: John A. White, Kenneth E. Case, David B. Pratt

Question Posted: