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QUESTION 2 You plan to buy an engagemnt ring in 3 years. Assume you can earn an interest rate of 2% on whatever is
QUESTION 2 You plan to buy an engagemnt ring in 3 years. Assume you can earn an interest rate of 2% on whatever is in your bank account. If you can add 2.192 to your account today 2,076 to your account in one year and 2,044 in two years, how much should be in your account in 3 years? (Please use 5 decimal places and do not use a $ symbol in your answer)
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Accounting for Decision Making and Control
Authors: Jerold Zimmerman
8th edition
78025745, 978-0078025747
