Derek will deposit $2,713.00 per year for 16.00 years into an account that earns 10.00 %, The first deposit is made next year. He has $14, 955.00 in his account account 50.00 years from today? round answer 2 decimal places
Derek will deposit $2,713.00 per year for 16.00 years into an account that earns 10.00 %, The first deposit is made next year. He has $14, 955.00 in his account account 50.00 years from today? round answer 2 decimal places
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Transcribed Image Text:Derek will deposit $2,713.00 per year for 16.00 years into an account that earns 10.00 %, The first deposit is made next year. He has $14,955.00 in his account today. How much will be in the
account 50.00 years from today? round answer 2 decimal places
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