Question
Susan made 5 uniform annual deposits of $5000 in a savings account that earned an interest rate of 15% per year. Her last deposit
Susan made 5 uniform annual deposits of $5000 in a savings account that earned an interest rate of 15% per year. Her last deposit was made 3 years ago. What is the future value of her savings 15 years from now, if she leaves the account untouched? Round your answer to the nearest whole number. Do not use commas in your answer.
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South-Western Federal Taxation 2018 Comprehensive
Authors: David M. Maloney, William H. Hoffman, Jr., William A. Raabe, James C. Young
41st Edition
1337386006, 978-1337386005
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