Question
You plan to deposit $6,000 at the end of Year 1, $8,000 at the end of Year 2 and $10,000 at the end of Year
You plan to deposit $6,000 at the end of Year 1, $8,000 at the end of Year 2 and $10,000 at the end of Year 3 into your savings account. If the interest rate offered by your bank is 5.85% per annum (compounding annually), how much money will you have saved at the end of Year 3?
chose 1 option...
(A) - $24,564.70
(B) - $27,174.05
(C) - $25,190.53
(D) - $25,775.53
(E) - $21,240.50
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AS Accounting For AQA
Authors: David Cox,Michael Fardon
2nd Edition
1905777140, 978-1905777143
