How much money will be in the account after five years
Problem: If you deposit $99,101 at 13.94% annual interest compounded quarterly, how much money will be in the account after 5 years?
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What do you estimate the value of the winery to be in 2019? What will the equity in the firm be worth?
If you deposit $99,101 at 13.94% annual interest compounded quarterly, how much money will be in the account after 5 years?
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