ryansowa ryansowa

18-06-2020
Mathematics

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Determine the future value of 20 annual deposits of $1000 if the deposits earn 8% interest per annum,compounded annually.

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emmaadumensah9 emmaadumensah9

18-06-2020

Answer:

1000(1+8/20) to the power 1

The answer is $1400

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