You deposit $2,000 one year and $1000 next year starting year 1 until year 30 with an interest rate of 5% one year and 7% other year. How much money will you have at the end of year thirty if there are different interest rates after year 30 as shown in the diagram below? 0 1 2 3 4 26 27 28 29 30 7% 5% 7% 2000 1000 2000 1000 5% Select one: O a. 117724 O b. 18050 O c. 90000 O d. 106141 Oe. 120408 **** **** 5% 7% 5% %7 1000 2000 1000 2000 1000 1 F2

You deposit $2,000 one year and $1000 next year starting year 1 until year 30 with an interest rate of 5% one year and 7% other year. How much money will you have at the end of year thirty if there are different interest rates after year 30 as shown in the diagram below? 0 1 2 3 4 26 27 28 29 30 7% 5% 7% 2000 1000 2000 1000 5% Select one: O a. 117724 O b. 18050 O c. 90000 O d. 106141 Oe. 120408 5% 7% 5% %7 1000 2000 1000 2000 1000 1 F2

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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