3. Given the cash flow tabulated below, compute the account balance at the end of the 4th year assuming 15% annual inter

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3 Given The Cash Flow Tabulated Below Compute The Account Balance At The End Of The 4th Year Assuming 15 Annual Inter 1 (20.71 KiB) Viewed 61 times

3. Given the cash flow tabulated below, compute the account balance at the end of the 4th year assuming 15% annual interest rate compounded annually. (Draw cash flow diagram first) Beginning of year 1: deposit $500 Beginning of year 2: deposit $1000 Beginning of year 3: withdraw $700 Beginning of year 4: deposit $2000