=+P518 Calculating deposit needed Peter put 6,000 in an account earning 4% annually. After 4 years, he
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=+P5–18 Calculating deposit needed Peter put £6,000 in an account earning 4% annually.
After 4 years, he made another deposit into the same account. At the end of 6 years, the account balance is £13,000. What was the amount deposited at the end of year 4?
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Related Book For
Principles Of Managerial Finance
ISBN: 9781292261515
15th Global Edition
Authors: Chad J. Zutter, Scott Smart
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