TOPIC: COMPOUND INTEREST Assume that Mr. Danny starts now and makes five equal deposits of A=1000 per year into a 17% pe
Posted: Tue Sep 07, 2021 7:36 am
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cash flow diagram and solve the amount withdrawn.
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cash flow diagram and solve the amount withdrawn.