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If a person spends $12 a week on coffee (assume $600 a year), what would be the future value of that amount over 10 years
If a person spends $12 a week on coffee (assume $600 a year), what would be the future value of that amount over 10 years if the funds were deposited in an account earning 3 percent? (Exhibit 1-A, Exhibit 1-B, Exhibit 1-C, Exhibit 1-D) Note: Use appropriate factor(s) from the tables provided. Round time value factor to 3 decimal places and final answer to 2 decimal places
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
18th Edition
126409762X, 9781264097623
