Question
Best Health Care Inc. deposits $200 in the beginning of each year, for 5 years, in an account that pays 10 percent interest rate. How
Best Health Care Inc. deposits $200 in the beginning of each year, for 5 years, in an account that pays 10 percent interest rate. How much would Best Health Care accumulate in this account at the end of 5 years?
a. | $322.10
| |
b. | $1,221.02
| |
c. | $1,343.12
| |
d. | $1028.22 |
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
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