If Ms. Whosier receives $16,000 in 4 years time, invests it in a bank account for 6

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If Ms. Whosier receives $16,000 in 4 years’ time, invests it in a bank account for 6 years at 6% per year, then 5 years at 3% per year, then 2 years at 4%, what sum will she have at the end of this 17 year period?

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Engineering Economic Analysis

ISBN: 9780195168075

9th Edition

Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle

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Posted Date: Feb 15, 2024 02:59 AM

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If Ms. Whosier receives $16,000 in 4 years time, invests it in a bank account for 6

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Lets calculate the final amount for Ms Whosiers investment over the 17year period To do that well br... View the full answer

Engineering Economic Analysis

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