Question
An annual deposit of $1,000 is placed in an account at the beginning of each year for 5 years. What is the present value of
An annual deposit of $1,000 is placed in an account at the beginning of each year for 5 years. What is the present value of that series if interest is 12% compounded annually? What is the future value at the end of the 5th year?
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Gold And Debt
Authors: William Lyman Fawcett
1st Edition
1144211727, 978-1144211729
