ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Transcribed Image Text:Regular payments of $2000 are made at the end of each compounding period. The account earns a rate of
5.1% per year, compounded 4 times per year. What is the future value of this account after 38 years?
Answer: $
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