A company deposits $1000 in a bank at the beginning of each year for 6 years. The

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A company deposits $1000 in a bank at the beginning of each year for 6 years. The account earns 8% interest, compounded every 6 months. What is the future worth of the account at the end of 6 years? Make a careful, accurate computation.
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Engineering Economic Analysis

ISBN: 9780195168075

9th Edition

Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle

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