Question
Joe invested $2,000 in the bank at 5% interest each year for 8 years, which appendix table would you use to find the ending balance
Joe invested $2,000 in the bank at 5% interest each year for 8 years, which appendix table would you use to find the ending balance in your account?
A)Present value of $1
B)Future value of an annuity of $1
C)Future value of $1
D)Present value of an annuity of $1
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International Financial Management
Authors: Geert Bekaert, Robert Hodrick
3rd edition
1107111820, 110711182X, 978-1107111820
