Question
You receive sh.20, 000 at the end of each for three years and that you deposit each annual receipt in a savings account earning
You receive sh.20, 000 at the end of each for three years and that you deposit each annual receipt in a savings account earning 8% annual compound interest. How much money would you have at the end of the three years?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
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