Question
Bob deposits the amount of $ 105 in his bank account today, and plans to deposit the amount of $ 150 in the same account
Bob deposits the amount of $105in his bank account today, and plans to deposit the amount of $150in the same account one year from today, and finally plans to deposit the amount of $200in the same account two years from now. If the interest rate is5.35%, how much will Bob have accumulated in his account three years from today?
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Financial Management Principles and Application
Authors: Arthur J. Keown, J. William Petty, David F. Scott, Jr.
10th edition
536514119, 536514110, 978-0536514110
