The amount of money that would be accumulated in 10 years from an initial investment of $1000
Question:
The amount of money that would be accumulated in 10 years from an initial investment of $1000 at an interest rate of 8% per year is closest to:
a. $2160
b. $2290
c. $2418
d. $2643
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Related Book For
Basics Of Engineering Economy
ISBN: 9780073376356
2nd Edition
Authors: Leland T. Blank, Anthony Tarquin
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