A client invests 5000 every year at the end of each year


1. A client invests $5,000 every year, at the end of each year, beginning one year from today, for the next five years. The account is expected to earn 6.25% What will the balance be in five years.

2. An investor deposits $5,750 in a certificate of deposit which pays 7.35% and compounds weekly. What will be the balance in seven (7) years

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Financial Management: A client invests 5000 every year at the end of each year
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