Question
You want to buy a new ski boat 2 years from now, and you plan to save $7,000 per year, beginning one year from today.
You want to buy a new ski boat 2 years from now, and you plan to save $7,000 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?
| $17,609 | ||
| $14,434 | ||
| $14,290 | ||
| $15,156 | ||
| $16,599 |
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Venture Capital And The Finance Of Innovation
Authors: Andrew Metrick, Ayako Yasuda
3rd Edition
1119490111, 978-1119490111
