You will invest $200 per year. If the rate is 8.83%, how much will you have in 13 years?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 14EB: How much must be invested now to receive $50,000 for 8 years if the first $50,000 is received in one...
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You will invest $200 per year. If the rate is 8.83%, how much will you have in 13 years?
Transcribed Image Text:You will invest $200 per year. If the rate is 8.83%, how much will you have in 13 years?
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