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Home Q & A Board Other Fields Homework Help Business Management
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stranahan stranahan
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7 years ago
If for the next 40 years you place $3,000 in equal year-end-deposits into an account earning 8% per year, how much money will be in the account at the end of that time period?
A) $2,606,942.58
B) $839,343.12
C) $120,000.00
D) $777,169.56
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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blightermournblightermourn
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7 years ago
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Kumbaya my lord, Kumbaya

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stranahan Author
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#2
7 years ago
Thank you very much for this. It's really helpful.
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