Question
Today $5000 is deposited in an account that earns 2.5% per quarter. Additional deposits are made at the end of every quarter for the next
Today $5000 is deposited in an account that earns 2.5% per quarter. Additional deposits are made at the end of every quarter for the next 20 years. The deposits start at $100 and increase by $50 each quarter thereafter. What is the future worth of the investment? (DO NOT USE EXCELL)
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Real Estate Investment Strategies Structures Decisions
Authors: David Hartzell, Andrew E. Baum
2nd Edition
1119526094, 978-1119526094
