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$8,000 will be deposited at the end of each year for the next five years. What is the FV of this investment if 8% interest
$8,000 will be deposited at the end of each year for the next five years. What is the FV of this investment if 8% interest is compounded annually? The future value (FV) of this investment is?
Part 2 b. $8000 is to be deposited at the beginning of each semiannual period for the next five years. What is the FV of this investment if 8% interest is compounded semiannually? The future value (FV) of this investment is?
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