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LG 6 P5-42 Deposits to accumulate future sums For each of the cases shown in the following table, determine the amount of the equal,
LG 6 P5-42 Deposits to accumulate future sums For each of the cases shown in the following table, determine the amount of the equal, annual, end-of-year deposits necessary to accumulate the given sum at the end of the specified period, assuming the stated annual interest rate. Sum to be Case accumulated Accumulation period (years) Interest rate A $ 5,000 3 12% B 100,000 20 7 C 30,000 8 10 D 15,000 12 8
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