For the mixed stream of cash flows shown in the following​ table, 24600,20500,16400,8200,4100, ​, determine the future value at the end of the final year if deposits are made into an account paying annual interest of 11​%, assuming that no withdrawals are made during the period and that the deposits are​ made: At the end of each year. At the beginning of each year

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
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For the mixed stream of cash flows shown in the following​ table,

24600,20500,16400,8200,4100,

​,

determine the future value at the end of the final year if deposits are made into an account paying annual interest of

11​%,

assuming that no withdrawals are made during the period and that the deposits are​ made:

  1. At the end of each year.
  2. At the beginning of each year

 

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