You deposit $200 each year for 10 years into a sinking fund that pays 6% interest compounded annually. What is the future value of your fund?

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asked May 21, 2022 59.9k views

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AFRC · Answer 1 · 2022-05-28T02:25:33+0000

Answer:Deposita $ 200 cada año durante 10 años en un fondo de amortización que paga el 6% de interés compuesto anualmente. ¿Cuál es el valor futuro de su fondo?

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You deposit $200 each year for 10 years into a sinking fund that pays 6% interest compounded annually. What is the future value of your fund?

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