You deposit $204 today into a bank account that earns 1% annually. How much will be in your account after 10 years?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
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Chapter5: The Time Value Of Money
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You deposit $204 today into a bank account that earns 1% annually.  How much will be in your account after 10 years?

 

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