Question
An investment of $ 2000 is made at the end of each year for 5 consecutive years at an interest rate of 4%. Which of
An investment of $ 2000 is made at the end of each year for 5 consecutive years at an interest rate of 4%. Which of the following expressions can be used to calculate the value of the account after 10 years?
F=2000((1+0.04)^n - 1/0.04)
F=2000(F/A,4%10)
P=2000(P/A,4%,5)
F=2000(F/A,4%,5)(F/P,4%,5)
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Fundamentals Of Quality Auditing
Authors: B. Scott Parsowith
1st Edition
0873892402, 978-0873892407
