You will deposit $250 per year for 3 years into an account that earns 6%. The first deposit is made today. How much will be in the account 4 years from today. ( please answer with at least 3 digits to the right of the decimal point)
You will deposit $250 per year for 3 years into an account that earns 6%. The first deposit is made today. How much will be in the account 4 years from today. ( please answer with at least 3 digits to the right of the decimal point)
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 24P
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You will deposit $250 per year for 3 years into an account that earns 6%. The first deposit is made today. How much will be in the account 4 years from today.
( please answer with at least 3 digits to the right of the decimal point)
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