
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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FV OF AN UNEVEN CASH FLOW STREAM
The First Lady just put $10,000 into a new savings account, and she plans to contribute another $20,000 one year form now, and $50,000 two years from now. the savings account pays 6% annual interest. With no other deposits or withdrawals, how much will she have in the account 10 years from today?
Group of answer choices
$116,937.04
$164,592.62
$131,390.46
$8,246.00
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