Question
You are going to receive $80 at the end of each year for the next 12 years. If you invest each of those amounts at
You are going to receive $80 at the end of each year for the next 12 years. If you invest each of those amounts at 12%, then what amount of money will you have at the end of the 12th year?
| $960.00 | ||
| $2,597.32 | ||
| $195.00 | ||
| $1,930.65 |
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ISE Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts
8th International Edition
1265561435, 9781265561437
