You deposit \$1,000 into a 9% account today. At the end of two years, you will deposit another \$3,000.

You deposit \$1,000 into a 9% account today. At the end of two years, you will deposit another \$3,000. In five years, you plan a \$4,000 purchase. How much is left in the account one year after the purchase?

A. \$1,552 C. \$1,691
B. \$925 D. \$1,424

Jhun Vert Fri, 07/05/2024 - 05:08

Solution