Economy, asked by ShizaAmir5, 7 months ago

Suppose you deposit $1,000 in three payments of $333.333 each on January 1 of 2010, 2011, and 2012. How much will you have in your account on January 1, 2012, based on 8% annual compounding?

Answers

Answered by maxsharma45678

0

Answer:

$333.333 + $1,000 = $433.333

THEN,

8% annual compounding = 300.30$

Explanation:

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