You open a bank account, making a deposit of $500 now and deposits of $1,000 every other

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You open a bank account, making a deposit of $500 now and deposits of $1,000 every other year. What is the total balance at the end of 10 years from now if your deposits earn 4% interest compounded annually?

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Fundamentals of Engineering Economics

ISBN: 978-0132775427

3rd edition

Authors: Chan S. Park

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Question Posted: Nov 12, 2018 10:27 AM

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You open a bank account, making a deposit of $500 now and deposits of $1,000 every other

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Fundamentals of Engineering Economics

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