1. You are planning on depositing $50.00 per month, with the first deposit one month from today, for 10 years (120 total deposits), and then stop making deposits. How much will you have in yourr account when you are finished making deposits (10 years from today) assuming the account earns 6% per year and you don't withdraw any money from it? Assume monthly compounding for all of your calculations. a. b. C. d. $8,382.99 $7,803.78 $8,802.13 $8,193.97

1. You are planning on depositing $50.00 per month, with the first deposit one month from today, for 10 years (120 total deposits), and then stop making deposits. How much will you have in yourr account when you are finished making deposits (10 years from today) assuming the account earns 6% per year and you don't withdraw any money from it? Assume monthly compounding for all of your calculations. a. b. C. d. $8,382.99 $7,803.78 $8,802.13 $8,193.97

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter11: Capital Budgeting Decisions

Section: Chapter Questions

Problem 3PB: Use the tables in Appendix B to answer the following questions. A. If you would like to accumulate...

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