79247/quizzes/4320095/take ber of Attempt: 1 Question 1 5 pts If you invest $1,200 for 40 years at an 8% rate of return, you will have accumulated: (Keep 2 decimal places) 21.72 D Question 2 5 pts If you invest $10,000 per year at the end of each year for 3 years at an 8.9% rate of return, you will have accumulated: (Keep 2 decimal places)

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 9EA: If you invest $12,000 today, how much will you have in (for further Instructions on future value in...
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Question
79247/quizzes/4320095/take
ber of Attempt: 1
Question 1
5 pts
If you invest $1,200 for 40 years at an 8% rate of return, you will have accumulated: (Keep 2
decimal places)
21.72
D
Question 2
5 pts
If you invest $10,000 per year at the end of each year for 3 years at an 8.9% rate of return,
you will have accumulated: (Keep 2 decimal places)
Transcribed Image Text:79247/quizzes/4320095/take ber of Attempt: 1 Question 1 5 pts If you invest $1,200 for 40 years at an 8% rate of return, you will have accumulated: (Keep 2 decimal places) 21.72 D Question 2 5 pts If you invest $10,000 per year at the end of each year for 3 years at an 8.9% rate of return, you will have accumulated: (Keep 2 decimal places)
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