Question
Derek will deposit $2,178.00 per year for 20.00 years into an account that earns 5.00%. The first deposit is made today. How much will be
Derek will deposit $2,178.00 per year for 20.00 years into an account that earns 5.00%. The first deposit is made today. How much will be in the account 20.0 years from today? Note that he makes 20.0 total deposits.
Derek will deposit $5,410.00 per year for 29.00 years into an account that earns 6.00%, The first deposit is made next year. He has $19,276.00 in his account today. How much will be in the account 47.00 years from today?
Derek will deposit $3,197.00 per year for 28.00 years into an account that earns 15.00%, The first deposit is made next year. How much will be in the account 44.00 years from today?
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Practical Financial Management
Authors: William R. Lasher
8th edition
1305637542, 978-1305887237, 1305887239, 978-1305637542
