to attend school Sam deposits $130 at the end of every month for two and one half years.what is the accumulated value of the deposits if interest is 8percent compounded annually?

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
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to attend school Sam deposits $130 at the
end of every month for two and one half
years.what is the accumulated value of the
deposits if interest is 8percent compounded
annually?
Transcribed Image Text:to attend school Sam deposits $130 at the end of every month for two and one half years.what is the accumulated value of the deposits if interest is 8percent compounded annually?
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