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help please An engineer deposited her annual bonus of $10,000 into an account that pays interest at 8% per year, compounded semiannually. If she withdrew
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An engineer deposited her annual bonus of $10,000 into an account that pays interest at 8% per year, compounded semiannually. If she withdrew $1000 in months 2, 11, and 23. (See the table below) and made deposits of $500 in months 5 through 8 and another single deposit of $600 in month 20, what was the total value of the account at the end of 2 years? Assume no interperiod compounding. You must draw the cash flow diagram. End of Month Amount of Deposit, S/ Month 10.000 Amount of Withdrawal, S/Month 1,000 500 1,000 20 600 IOK 23 1,000Step by Step Solution
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