Lamb company deposited 15000 annually for 6 years in an


Lamb Company deposited $15,000 annually for 6 years in an account paying 5% interest compounded annually. What is the balance of the account at the end of the 6th year? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, e.g. 52.75.)

Account at the end of the 6th year $____

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: Lamb company deposited 15000 annually for 6 years in an
Reference No:- TGS01591822

Expected delivery within 24 Hours