Showing posts with label online english tutoring jobs for japanese. Show all posts
Showing posts with label online english tutoring jobs for japanese. Show all posts

Thursday, 22 February 2018

Today's year is 2018. You are planning to invest your tax refunds at an account that pays 10% annual rate with annual compounding


Today's year is 2018. You are planning to invest your tax refunds at an account that pays 10% annual rate with annual compounding. Following are your estimated tax refunds each year: • year 2018: $2,000 • year 2019: $2,500 • year 2020: $2,500 • year 2021: $2,800 How much will you have in your account in year 2021? A. $10,485 B. $11,237 C. $8,253 D. $9,368 E. $12,556

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