Mr. X wishes to buy a machine after 3 years. He plans to deposit Ksh. 20,000 at
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Mr. X wishes to buy a machine after 3 years. He plans to deposit Ksh. 20,000 at the end of each year into a bank savings account paying a fixed rate of interest of 7 % for the same. What is its future value 3 years from now?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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