Question
An account was opened 7 years ago with an investment of 5,000 at a compound rate of 4%. 4 years later, 1,300 was added to
An account was opened 7 years ago with an investment of 5,000 at a compound rate of 4%. 4 years later, 1,300 was added to this account, at which point the entire account earned 3.5% for the remaining 3 years. What is the value of the account today? please show work by calculating it using the present, future, nper, or rate function in excel?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
