QUESTION 2 Considering the following scenario. In years 0, 2, 4, 6, and 8, you deposit $1000 in your savings account. The saving account earns 6% compounded annually. What is the future value in year 10? O4,479.94 O 6,411.56 O 7,189.29 O 3,579.94

QUESTION 2 Considering the following scenario. In years 0, 2, 4, 6, and 8, you deposit $1000 in your savings account. The saving account earns 6% compounded annually. What is the future value in year 10? O4,479.94 O 6,411.56 O 7,189.29 O 3,579.94

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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