What is the future value if $5,000 is deposited in an account at the start of each

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What is the future value if $5,000 is deposited in an account at the start of each month for 12 months and the interest rate is 0.5% per month compounded?

Question No. 3: What is the present value if you receive $5,000 per annum for 4 years and the discount rate is 8%?

Related Book For answer-question

Engineering Economy

ISBN: 978-0132554909

15th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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Posted Date: Mar 14, 2023 07:21 AM

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Engineering Economy

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