FINANCIAL ACCT.F/UNDERGRADS-W/ACCESS
FINANCIAL ACCT.F/UNDERGRADS-W/ACCESS
1st Edition
ISBN: 9781618531612
Author: Wallace, Nelson, Christensen, Ferris
Publisher: Cambridge
Question
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Chapter E, Problem 3BE
To determine

Calculate the future value of the amount of $2,500 deposited at the end of every year for 4 years, if it is compounded annually at 6% interest.

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