j ] The present worth of $1,000 deposits in years 1 through 5 and a single disbursement of $500 in year 3, if the interest rate is %10 per year for the first two years and 8% per year thereafter, is...


j ] The present worth of $1,000 deposits in<br>years 1 through 5 and a single disbursement of<br>$500 in year 3, if the interest rate is %10 per year<br>for the first two years and 8% per year thereafter,<br>is closest to:<br>a) $4,248.215<br>b) $3,865.633<br>c) $4,262.115<br>d) $4,166.450<br>

Extracted text: j ] The present worth of $1,000 deposits in years 1 through 5 and a single disbursement of $500 in year 3, if the interest rate is %10 per year for the first two years and 8% per year thereafter, is closest to: a) $4,248.215 b) $3,865.633 c) $4,262.115 d) $4,166.450

Jun 07, 2022
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