kamilahmcneil2035 kamilahmcneil2035
  • 08-03-2024
  • Business
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Assume that you deposit $679 each year for the next 15 years into an account that pays 8 percent per annum. The first deposit will occur one year from today (that is, at t=1) and the last deposit will occur at t=15. What is the future value of these deposits?
A) $22,000
B) $24,000
C) $26,000
D) $28,000

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