Five thousand dollars is deposited in an account that pays 6 percent interest per WILEY (oplus) year.

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Five thousand dollars is deposited in an account that pays 6 percent interest per WILEY \(\oplus\) year. Two years from today, another \(\$ 5,000\) is deposited. Five years from today, \(\$ 10,000\) is withdrawn from the account. How much money is in the account 6 years from today?

a. \(\$ 0\)

b. \(\$ 2,646\)

c. \(\$ 2,805\)

d. \(\$ 3,056\)

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Principles Of Engineering Economic Analysis

ISBN: 9781118163832

6th Edition

Authors: John A. White, Kenneth E. Case, David B. Pratt

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