Business
Business, 17.07.2020 20:01, payloo

Suppose $1 comma 500 is deposited in a bank account today (time 0), followed by $1 comma 500 deposits in years 2, 4, 6, and 8. At 9% annual interest, how much will the future equivalent be at the end of year 12?

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Suppose $1 comma 500 is deposited in a bank account today (time 0), followed by $1 comma 500 deposit...

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