Thx Your grandfather has agreed to deposit a certain amount of money...
80.2K
Verified Solution
Link Copied!
Question
Finance
Thx 
Your grandfather has agreed to deposit a certain amount of money each year into an account paying 7.20 percent annually to help you go to graduate school. Starting next year, and for the following four years. he plans to deposit $2,200,$8,000,$7,200,$6,000, and $12.000 into the account. How much will you have at the end of the five years? (Round answer to 2 decimal places, eg. 15.25. Do not round factor values.) Future value at end of five years
Thx
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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.