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stranahan stranahan
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7 years ago
Your department at work places $10,000 every year-end into an account earning 5%. The money is used when the corporate office fails to fully finance your profitable projects. The money has not been touched since a deposit was made exactly five years ago. If the most recent deposit was made today, how much money is currently in the account?
A) $60,000
B) $65,256.31
C) $68,019.13
D) $55,256.31
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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SpoiledBeefSpoiledBeef
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7 years ago
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stranahan Author
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#2
7 years ago
Thanks Smiling Face with Open Mouth and Tightly-closed Eyes
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#3
4 years ago
thanks
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#4
3 years ago
thank you
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