Question
A single deposit of $1,000 is made today in an account earning 5% APR compounded annually. What is the future value of this deposit in
A single deposit of $1,000 is made today in an account earning 5% APR compounded annually. What is the future value of this deposit in 15 years?
Enter answer in dollars, rounded to the nearest dollar.
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Municipal Finances A Handbook For Local Governments
Authors: Catherine D. Farvacque-Vitkovic, Mihaly Kopanyi
1st Edition
082139830X, 978-0821398302
