Question: need help on finance hw Problem 5-7 Time value. You can deposit $10,000 into an account paying 9% annual interest either today or exactly 10

need help on finance hw

need help on finance hw Problem 5-7 Time value. You can deposit

Problem 5-7 Time value. You can deposit $10,000 into an account paying 9% annual interest either today or exactly 10 years from today. How much better off will you be 40 years from now if you decide to make the initial deposit today rather than 10 years from today? Solution

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