70. Suppose $1,000 is deposited in a bank account today (time 0), followed by $1,000 deposits in...

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70. Suppose $1,000 is deposited in a bank account today (time 0), followed by $1,000 deposits in years 2, 4, 6, and 8. At 6% annual interest, how much will the future equivalent be at the end of year 12? (4.10)

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Engineering Economy

ISBN: 9781292265001

17th Global Edition

Authors: William G. Sullivan ,Elin M. Wicks ,C. Patrick Koelling

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Question Posted: Oct 25, 2024 10:11 AM

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70. Suppose $1,000 is deposited in a bank account today (time 0), followed by $1,000 deposits in years 2, 4, 6, and 8. At 6% annual interest, how much will the future equivalent be at the end of year...
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70. Suppose $1,000 is deposited in a bank account today (time 0), followed by $1,000 deposits in...

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Engineering Economy

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