If $1000 is deposited today at 1.5% per quarter, the amount that cane withdrawn at the end

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If $1000 is deposited today at 1.5% per quarter, the amount that cane withdrawn at the end of 5 years can be computed by the following expression:

a) 1000(F/P,6%5)

b) 1000(P/F,1.5%,20)

c) 1000(F/P,1.5%,20)

d) 1000(F/P,1.5%,5)

Related Book For answer-question

Engineering Economic Analysis

ISBN: 9780195168075

9th Edition

Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle

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Posted Date: Sep 07, 2022 06:35 AM

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If $1000 is deposited today at 1.5% per quarter, the amount that cane withdrawn at the end

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F VP VFP r n Where F V Future Value PV Present Value 1000 ... View the full answer

Engineering Economic Analysis

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