Question
An ATM with a service fee of $2 is used by a person 100 times in a year. What would be the future value in
An ATM with a service fee of $2 is used by a person 100 times in a year. What would be the future value in 10 years (use a 3 percent rate) of the annual amount paid in ATM fees? UseExhibit 1-B.(Round time value factor to 3 decimal places and final answer to 2 decimal places.)
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Financial Management Theory And Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
3rd Canadian Edition
017658305X, 978-0176583057
