4-18. Calculate the compounded future value of 20 annual payments of $5,000 each into a savings account

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4-18. Calculate the compounded future value of 20 annual payments of $5,000 each into a savings account that earns 6% per year. All 20 payments are made at the beginning of each year. (4.6)

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Engineering Economy

ISBN: 9780134870069

17th Edition

Authors: William Sullivan, Elin Wicks, C Koelling

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Question Posted: Oct 26, 2024 01:00 PM

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4-18. Calculate the compounded future value of 20 annual payments of $5,000 each into a savings account that earns 6% per year. All 20 payments are made at the beginning of each year. (4.6)
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4-18. Calculate the compounded future value of 20 annual payments of $5,000 each into a savings account

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Engineering Economy

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