Pearl Medavoy will invest $10,240 a year for 20 years in a fund that will earn 10% annual interest.

. If the first payment into the fund occurs today, what amount will be in the fund in 20 years? If the first payment occurs at year-end, what amount will be in the fund in 20 years? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 458,581.)

First payment today?

First payment at year-end ?

Answer rating: 100% (QA)

Sol i cos x y a i x iy cos a i cos a cos i sin a sin i B from 2 cos A B cos A cos B sin A s... View the full answer