Hoa invests $4,500 today and $2,000 at the end of next year (year 2). What is the
Fantastic news! We've Found the answer you've been seeking!
Question:
Hoa invests $4,500 today and $2,000 at the end of next year (year 2). What is the total amount in Hoa’s account at the end of year 3 if annual interest is 6%?
a). $7,056.20
b). $7,479.57
c). $6,890.00
d). $5,056.20
e). $7,000.00
Related Book For
Personal Finance Turning Money into Wealth
ISBN: 978-0133856439
7th edition
Authors: Arthur J. Keown
Posted Date: