You plan to invest $10,000 into your new savings account the end of the year for the
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You plan to invest $10,000 into your new savings account the end of the year for the next 10 years. The interest earned in the account is 8% per year.
How much do you expect to have in the account at the end of 10 years?
Related Book For
Foundations of Finance The Logic and Practice of Financial Management
ISBN: 978-0132994873
8th edition
Authors: Arthur J. Keown, John D. Martin, J. William Petty
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