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Future Value of Deposit Investment Assignment

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February 18th, 2020

An investor currently has $10,000 in an account and will deposit $1,225 at the end of every other year beginning in year 2 and ending in year 10 (i.e., a total of five deposits). The investor will have $ in the account at the end of year 15. Assume an interest rate of 7.00% p.a.

38.870.91 39,058.14 39,425.58 39.223.25 39,619.83. Get Finance homework help today

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