Question
You plan to deposit amounts as shown at the beginning of this year, and at the beginning of every year until five year from
You plan to deposit amounts as shown at the beginning of this year, and at the beginning of every year until five year from now, into a bank which will give you annual interest. The following table shows your deposits and timing. The interest rate is at the top of the table: 10% Interest Years to wait 0 1 2 3 4 100 100 100 100 100 Cash flow What will be your bank balance at the end of the fifth year (i.e., what is the sum of the future values)? 5 Enter your answer as a number with four decimal places but without the currency symbol, like this: 90.1234 Type your answer...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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