You deposited $15,000 six years ago into a bank account. One year ago, you deposited an additional
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Question:
You deposited $15,000 six years ago into a bank account. One year ago, you deposited an additional $18,811.38. Assume an annual interest rate of 7% and annual compounding.
How much will be in the account in twenty years from now? Use a $ symbol and a comma and zero decimal places.
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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