Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN: 9781285595047
Author: Weil
Publisher: Cengage
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Suppose Marsha plans to invest $1,000 at the end of each year for the next five years. She expects to
earn 13 percent per year.
(a). How much will Marsha have after 5 years?
(b).How much would Marsha need to deposit today in order to have the same results?
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