Question
You expect to receive $1,000 at the end of each of the next 4 years. You will deposit these payments into an account which pays
You expect to receive $1,000 at the end of each of the next 4 years. You will deposit these payments into an account which pays 8% compounded quarterly. What is the future value of these payments, that is, the value at the end of the fourth year?
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Financial Statements
Authors: Inc. BarCharts
1st Edition
1423223837, 978-1423223832
