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gensing wants to expand its business at the end of 10 years. to do so, gensing invests $25,000 today and in addition plans to save
gensing wants to expand its business at the end of 10 years. to do so, gensing invests $25,000 today and in addition plans to save $50,000 end of each year for the first 4 years (years 1 to 4) and $75,000 annually for the following 4 years (years 5 to 8) . due to other expenses, gensing will not be able to save in its last two years. if the account earns 7% compounded annually, how much will gensing have 10 years from now? a. $338,167.11 b. $665,225.88 c. $666,943.36 d. $388,167.11 e. $763,583.45 d. $581,034.05
a. $338,167.11
b. $665,225.88
c. $666,943.36
d. $388,167.11
e. $763,583.45
d. $581,034.05
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