Question
Mr. X wishes to buy a machine after 3 years. He plans to deposit Ksh. 20,000 at the end of each year into a bank
Mr. X wishes to buy a machine after 3 years. He plans to deposit Ksh. 20,000 at the end of each year into a bank savings account paying a fixed rate of interest of 7 % for the same. What is its future value 3 years from now?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
