TOPIC: COMPOUND INTEREST
Assume that Mr. Danny starts now and makes five equal deposits
of A=1000 per year into a 17% per year investment and withdraws the
accumulated total immediately after the last deposit. Construct the
cash flow diagram and solve the amount withdrawn.
TOPIC: COMPOUND INTEREST Assume that Mr. Danny starts now and makes five equal deposits of A=1000 per year into a 17% pe
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