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Author Question: Chris Mann will deposit $22,400 into an account today that earns 10% per year compounded annually. ... (Read 11 times)

lol1012

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on: Feb 5, 2023
Chris Mann will deposit $22,400 into an account today that earns 10% per year compounded annually.  Using the following factors, what is the amount that will be in the account at the end of the 5 years?

Type of Cash FlowPeriodsInterest RateFactor
PV of $1510%0.6209
FV of $1510%1.6105
PV ordinary annuity510%3.7908
FV ordinary annuity510%6.1051
PV annuity due510%4.1699

◦ $13,909
◦ $36,075
◦ $27,351
◦ $18,681
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Marked as best answer by lol1012 on Feb 5, 2023

avelasquez

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lol1012

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

FergA

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Reply 3 on: Yesterday
Excellent

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