Your initial investment in a bank is $22,000 . Every year you withdraw 2A amount from the
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Question:
Your initial investment in a bank is $22,000. Every year you withdraw 2A amount from the bank. At end of 10 years you exhaust out your investment in the bank.
What is the value of A ? interest rate = 6%. (Select A, B, C, D or E)
A . 1360 B. 1495 C. 1100 D. 1248. E. Information missing
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0136126638
13th Edition
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
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