How much will the annuity accumulate at the end of four year, Cost Accounting

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How much will the annuity accumulate at the end of four year

Problem

Suppose you have just retired from formal employment and you have been given K150,000 lump sum payment and you decide to invest this amount in fixed deposit account at 10% rate of interest for a period of four years. How much will this annuity accumulate at the end of the fourth year?

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Cost Accounting: How much will the annuity accumulate at the end of four year

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Cost Accounting: How much will the annuity accumulate at the end of four year

Reference No:- TGS03277674

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