Question: 4 i) A Licensed Professional Engineer (PE) makes a single invested of $100,000 in an interest bearing account that pays 6 % interest per year,

 4 i) A Licensed Professional Engineer (PE) makes a single invested

4 i) A Licensed Professional Engineer (PE) makes a single invested of $100,000 in an interest bearing account that pays 6 % interest per year, i. e. compounded annually. What is value of this investment after 30 years ? (Draw the cash flow diagram)

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