You put 10000 in an account earning 3 after 4 years you


Question: You put $10,000 in an account earning 3%. After 4 years, you make another deposit into the same account. Six years later (10 years original deposit), the account balance is $25,000. What was the amount of the deposit at the end of the year 4? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: You put 10000 in an account earning 3 after 4 years you
Reference No:- TGS02857073

Expected delivery within 24 Hours