Question
What is the future value if $5,000 is deposited in an account at the start of each month for 12 months and the interest rate
What is the future value if $5,000 is deposited in an account at the start of each month for 12 months and the interest rate is 0.5% per month compounded?
Question No. 3: What is the present value if you receive $5,000 per annum for 4 years and the discount rate is 8%?
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Engineering Economy
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
15th edition
132554909, 978-0132554909
