Question
Assume you deposit $200 per year into an account earning 10% annually with the first deposit made exactly one year from today (t-1) and the
Assume you deposit $200 per year into an account earning 10% annually with the first deposit made exactly one year from today (t-1) and the last deposit is made in exactly 7 years (t=7). There are total 7 deposits. The account would be worth how much 7 years from today?
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Financial Shenanigans How To Detect Accounting Gimmicks And Fraud In Financial Reports
Authors: Howard M. Schilit, Jeremy Perler, Yoni Engelhart
4th Edition
126011726X, 9781260117264
