Question
Jamie Lee needs to save a total of $9,000 in order to get started in her cupcake caf venture. She presently deposited $1,800 a year
Jamie Lee needs to save a total of $9,000 in order to get started in her cupcake caf venture. She presently deposited $1,800 a year in a regular savings account. Calculate the future value of these deposits.
Scenario is 5 years, and the interest rate is 2%
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Corporate Financial Management
Authors: Glen Arnold, James Pickford
2nd Edition
0582821762, 978-0582821767
