Question
Sarah deposits $1,000 at the beginning of each of the next four years in TD Bank, which will pay her interest of 4.25% per year
Sarah deposits $1,000 at the beginning of each of the next four years in TD Bank, which will pay her interest of 4.25% per year compounded annually. How much will she have at the end of the four years?
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Introduction To Management Science and Business Analytics A Modeling And Case Studies Approach With Spreadsheets
Authors: Frederick S. Hillier, Mark S. Hillier
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