Question
You want to buy a new ski boat 2 years from now, and you plan to save $2,900 per year, beginning one year from today.
You want to buy a new ski boat 2 years from now, and you plan to save $2,900 per year, beginning one year from today. You will deposit your savings in an account that pays 6.2% interest. How much will you have just after you make the 2nd deposit, 2 years from now?
| a. | $5,262 | |
| b. | $6,099 | |
| c. | $7,056 | |
| d. | $6,877 | |
| e. | $5,980 |
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Understanding And Auditing Corporate Culture A Maturity Model Approach
Authors: Angelina K. Y. Chin, CIA, CRMA, CPA
1st Edition
1634540719, 978-1634540711
