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One year ago, the Fun Center deposited 4,600.00 into an investment acccount. The investment horizon is 4 year. Today, they are adding 6,400.00 to the
One year ago, the Fun Center deposited 4,600.00 into an investment acccount. The investment horizon is 4 year. Today, they are adding 6,400.00 to the investment. The plan is to make one final depost of 8600.00 in the following year. The compound rate is 7%
How much will be available when the firm is ready to make a purchase at the end of period 4?
A: $23242.42 B: $26543.42 C: 25276.20 D:25376.20
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