Q4. You are saving for a new house and you put S10,000 per year in an account paying 8%. The first payment is made today. How much will you have at the end of 3 years? A) S66.326 B) S65.593 C) $63.452 D) S63.359

Q4. You are saving for a new house and you put S10,000 per year in an account paying 8%. The first payment is made today. How much will you have at the end of 3 years? A) S66.326 B) S65.593 C) $63.452 D) S63.359

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter11: Capital Budgeting Decisions

Section: Chapter Questions

Problem 8EA: You put $250 in the bank for S years at 12%. A. If interest is added at the end of the year, how...

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Q4. You are saving for a new house and you put $10,000 per year in an account paying 8%. The
first payment is made today. How much will you have at the end of 3 years?
A) S66.326
B) S65.593
C) $63.452
D) S63.359

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