Question
A service contract for a video projection system costs $70 a year. You expect to use the system for five years. Instead of buying the
A service contract for a video projection system costs $70 a year. You expect to use the system for five years. Instead of buying the service contract, what would be the future value of these annual amounts after five years if you earn 3 percent on your savings?(Round answer to 2 decimal places.)
Future value?
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Principles of Managerial Finance
Authors: Chad J. Zutter, Scott B. Smart
15th edition
013447631X, 134476315, 9780134478197 , 978-0134476315
