Question
1.You deposit $150,000 today in an account that pays 10 percent interest.You plan to withdraw $100,000 from this account at the end of the fourth
1.You deposit $150,000 today in an account that pays 10 percent interest.You plan to withdraw $100,000 from this account at the end of the fourth year.How much will be left in your account at the end of the seventh year?
(Step by step instructions or calculator steps)
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Mathematics For Business
Authors: Stanley A Salzman, Charles D Miller, Gary Clendenen
8th Edition
0321357434, 9780321357434
