Mr. X wishes to buy a machine after 3 years. He plans to deposit Ksh. 20,000 at

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Mr. X wishes to buy a machine after 3 years. He plans to deposit Ksh. 20,000 at the end of each year into a bank savings account paying a fixed rate of interest of 7 % for the same. What is its future value 3 years from now?

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Apr 08, 2024 02:11 PM

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Mr. X wishes to buy a machine after 3 years. He plans to deposit Ksh. 20,000 at

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Income Tax Fundamentals 2013

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