Question
What is the future worth of a series of equal yearly deposits of Php 100,000 for 8 years in a savings account that earns 6%
What is the future worth of a series of equal yearly deposits of Php 100,000 for 8 years in a savings account that earns 6% annual compound interest if (a) all deposits are made at the end of each year? and (b) all deposits are made at the beginning of each year?
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Millon Cornett
1st International Edition
0071181334, 9780071181334
