Question
You invest $3200 today. One year from today you invest $4500. Finally, two years from today you invst $5000. Your account earns 12.5% annual interest,
You invest $3200 today. One year from today you invest $4500. Finally, two years from today you invst $5000. Your account earns 12.5% annual interest, compounded annually. How much is in the account immediatley after the last deposit? How much is in the account three years from today?
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Handbook Of The Economics Of Finance Volume 2A
Authors: George M. Constantinides, Milton Harris, Rene M. Stulz
1st Edition
0444535942, 978-0444535948
