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Author Question: Tony plans to deposit 1,000 at the end of each of the next three years. If his funds earn 5 ... (Read 52 times)

FButt

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Tony plans to deposit 1,000 at the end of each of the next three years. If his funds earn 5 compounded annually, how much will he have at the end of three years?
 
  A) 3,150.00
  B) 3,175.50
  C) 3,152.50
  D) 3,500.00
  E) 4,310.10

Question 2

What is the primary tool for short-term financial forecasting?
 
  A) pro forma balance sheet B) capital budgeting
  C) pro forma cash budget D) pro forma income statement


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Shshxj

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FButt

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Reply 2 on: Jul 10, 2018
Great answer, keep it coming :)


kthug

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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