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Your employer has agreed to place year-end deposit of 1670, 2087 and 3394 into your retirement account. The 1670 deposit will be one year
Your employer has agreed to place year-end deposit of 1670, 2087 and 3394 into your retirement account. The 1670 deposit will be one year from today, the 2087 deposit two years from today, and the 3394 deposit three years from today. If your account earns 6.35% per year, how much money will you have in the account at the end of three year when the last deposit is made? Type your answer to 2 decimal places. Use the relevant formula instead of CVIF, PVIF, CVIFA or PVIFA
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