Question: QUESTION 2 ENOUGH Q1. If you decide to deposit $5000 in each year for 10 years and bank offer 10% annual compound interest rate, what
QUESTION 2 ENOUGH
Q1. If you decide to deposit $5000 in each year for 10 years and bank offer 10% annual compound interest rate, what is the current value of your money? A) $30.722 B) $23,870 C) $32,953 D) $33.754 Q2. Considering the question 1, what is the value of your money in year 10? A) $77.352 B) $79.687 C) $67.465 D) S73.592
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