Bayou Inc. will deposit $20,000 in a 12% fund at the end of each year for 8

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Bayou Inc. will deposit $20,000 in a 12% fund at the end of each year for 8 years beginning December 31, 2005. What amount will be in the fund immediately after the last deposit?

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Intermediate Accounting

ISBN: 978-0470423684

13th Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield

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Question Posted: Dec 11, 2010 05:16 AM

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Bayou Inc. will deposit $20,000 in a 12% fund at the end of each year for 8

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Intermediate Accounting

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