I put $1000 in an account from my high school graduation gifts, and $2000 into the same account after my college graduation 4 years later. Five years after I ?started my first job how much is in the account if it earns 4% per year

Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter27: Time Value Of Money (compound)
Section: Chapter Questions
Problem 6E
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I put $1000 in an account from my high school graduation gifts, and $2000 into
the same account after my college graduation 4 years later. Five years after I
?started my first job how much is in the account if it earns 4% per year
Transcribed Image Text:I put $1000 in an account from my high school graduation gifts, and $2000 into the same account after my college graduation 4 years later. Five years after I ?started my first job how much is in the account if it earns 4% per year
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