Question
in your Freshman year your uncle deposits $10,000 into a 4-year bank certificate of deposit (CD) that pays 5% annual interest. You will receive the
in your Freshman year your uncle deposits $10,000 into a 4-year bank certificate of deposit (CD) that pays 5% annual interest. You will receive the money in the account (including the accumulated interest) if you graduate with honors. How much will there be in the account in 4 years ?
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AS Accounting For AQA
Authors: David Cox,Michael Fardon
2nd Edition
1905777140, 978-1905777143
