Assume that $1,000 is deposited today, two years from now, four years from now, six years from
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- Assume that $1,000 is deposited today, two years from now, four years from now, six years from now and eight years from now. At 8% interest compounded annually, determine the future value at the end of year 9. Select one: a. $4,174 b. $7,521 c. $2,085 d. $1,895
Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0133052312
10th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
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