Title Kara Delaney received a $8,000 gift for graduation from her uncle. If she deposits the entire amount Description Kara Delaney received a $8,000 gift for graduation from her uncle. If she deposits the entire amount in an account paying 8 percent, what will be the value of this gift in 10 years? Use Exhibit 1A. (Round time value factor to 3 decimal places and final answer to the nearest whole number)
Title Kara Delaney received a $8,000 gift for graduation from her uncle. If she deposits the entire amount Description Kara Delaney received a $8,000 gift for graduation from her uncle. If she deposits the entire amount in an account paying 8 percent, what will be the value of this gift in 10 years? Use Exhibit 1A. (Round time value factor to 3 decimal places and final answer to the nearest whole number)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter19: Capital Investment
Section: Chapter Questions
Problem 8E
Question
Title
Kara Delaney received a $8,000 gift for graduation from her uncle. If she deposits the entire amount
Description
Kara Delaney received a $8,000 gift for graduation from her uncle. If she deposits the entire amount in an account paying 8 percent, what will be the value of this gift in 10 years? Use Exhibit 1A. (Round time value factor to 3 decimal places and final answer to the nearest whole number)
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