Question
15. Future Value Compute the future value in year 7 of a $260 deposit in year 1 and another $60 deposit at the end of
15.Future Value Compute the future value in year 7 of a $260 deposit in year 1 and another $60 deposit at the end of year 4 using a 11% interest rate.
$546.60
$664.37
$568.37
$511.40
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Basic Finance An Introduction to Financial Institutions, Investments and Management
Authors: Herbert B. Mayo
11th Edition
1285425790, 1285425795, 9781305464988 , 978-1285425795
