If the business manager deposits 200 in a savings account, Financial Management

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If the business manager deposits 200 in a savings account

If the business manager deposits $200 in a savings account at the end of each year for twenty years what will be the value of her investment:

a) at a compounded rate of 10%?

b) at a compounded rate of 20%?

c) What would the outcome be if the deposits were made at the beginning of each year?

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Financial Management: If the business manager deposits 200 in a savings account

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