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If you deposit $ 2 , 0 0 0 in a bank account that pays 6 % interest annually, how much will be in your
If you deposit $ in a bank account that pays interest annually, how much will be in
your account after years?
a Use the equation to solve the question.
b Use the Financial Calculator to solve the question. Write down your input and output in
the table.
Inputs
N IYR PV PMT FV
Output
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Principles Of Financial Modelling Model Design And Best Practices Using Excel And VBA
Authors: Michael Rees
1st Edition
111890401X, 978-1118904015
