Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. derek will deposit $2,080.00 per year for 14.00 ye

Derek will deposit $2,080.00 per year for 14.00 years into an account that earns 15.00%....

50.1K

Verified Solution

Question

Finance

Derek will deposit $2,080.00 per year for 14.00 years into an account that earns 15.00%. Assuming the first deposit is made 7.00 years from today, how much will be in the account 38.00 years from today?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

What is the relationship between the number of chromosomes in an organism's genome and its biological...

Psychology
1.2K views

what would a researcher use this t-test for? Provide an example.

Basic Math
1.2K views

Answer the following questions and use Excel to show your work. A student has an important exam...

Advance Math
1.2K views

10. All of this was based on data collected regarding the Quantity and Price. Find the...

Accounting
1.2K views

Question: Briefly describe modern portfolio theory and relate it to the approaches supported by Walt and...

Accounting
1.2K views

On January 1, 2018, the Mason Manufacturing Company began construction of a building to be used...

Physics
1.2K views

Pre 13 The brightness of light bulb when a heating appliance is switched on will...

Calculus
1.2K views

For the piecewise function find the values g 1 g 1 and g 2 g...

Accounting
1.2K views

Hank met with John, who supplied wood to cabinet builders, in order to help him...

Accounting
1.2K views

help asap Excel Consolidation Problem You've just been hired as...

Accounting
1.2K views

Inventory information for Part 311 of Crane Corp. discloses the following information for the month...

Accounting
1.2K views

F8inancial data for Windsor, Inc. for last year appear below: ...