Question
You are scheduled to receive $15,000 in two years. When you receive it, you will invest it for six more years at 8 percent per
You are scheduled to receive $15,000 in two years. When you receive it, you will invest it for six more years at 8 percent per year.
Required:How much will you have in eight years?(Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations.Round your answer to 2 decimal places (e.g., 32.16).)
Amount
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
5th edition
9780133851281, 013385129x, 9780134077321, 133866297, 133851281, 9780133851298, 134077326, 978-0133866292
