What is the value of the account at the end of year 20 in


If $10,000 is deposited in a 5% savings account and inflation is 3%, what is the value of the account at the end of year 20 in year-0 dollars? If the time value of money is 4%, what is the present worth?

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Financial Management: What is the value of the account at the end of year 20 in
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