Question: Assume bonds payable are amortized using the straight-line amortization method unless stated otherwise. Determining future value David is entering high school and is determined to

 Assume bonds payable are amortized using the straight-line amortization method unless

Assume bonds payable are amortized using the straight-line amortization method unless stated otherwise. Determining future value David is entering high school and is determined to save money for college. David feels he can save $5,000 each year for the next four years from his part-time job. If David is able to invest at 6%, how much will he have when he starts college

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