Question
You think you will be able to deposit $4,000 at the end of each of next two years in a bank account paying 8% interest.
You think you will be able to deposit $4,000 at the end of each of next two years in a bank account paying 8% interest.
You currently have $6,000 in the account. How much will you have in 3 years?
Group of answer choices
17,574
16,883
16,544
17,226
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Strategic Public Finance
Authors: Stephen Bailey
1st Edition
0333922212, 978-033392221
