Calculate the future values of the following cash flows: (a) $200 to be deposited in a bank
Question:
(a) $200 to be deposited in a bank account every year, starting now, for 30 years at an interest rate of 5%
(b) $350 to be deposited in a bank account every year, starting now, for 18 years at an interest rate of 7%
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Related Book For
Financial Management for Decision Makers
ISBN: 978-0138011604
2nd Canadian edition
Authors: Peter Atrill, Paul Hurley
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