How much money would have to be deposited today to accumulate a. $10,000 after 6 years if
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How much money would have to be deposited today to accumulate
a. $10,000 after 6 years if the investment earns 5%/year compounded annually.
b. $6,500 after 4 years if the investment earns 8 percent/year compounded annually?
c. $3,400 after 12 years if the investment earns 6 percent/year compounded annually?
d. $13,500 after 5 years if the investment earns 10 percent/year compounded annually?
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Related Book For
Principles Of Engineering Economic Analysis
ISBN: 9781118163832
6th Edition
Authors: John A. White, Kenneth E. Case, David B. Pratt
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