Question
You plan to invest $1,200 at the end of year 1, $2,500 at the end of year 2, and $3,000 at the end of
You plan to invest $1,200 at the end of year 1, $2,500 at the end of year 2, and $3,000 at the end of year 3. If you can earn 4.00 %, compounded annually, how much you will have in your account by the end of the 3rd year. (Round your answer to the nearest hundredth; two decimal places)
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
