Calculating the investment worth for the next six years

Reference no: EM1312098

Calculating the investment worth for the next six years.

Assume, instead, that Katina has decided she needs $20,000 to begin business. She wants to invest equally amounts at the end of each year for the next 6 years to accumulate the $20,000 needed at the time.

How much will the investment be worth at the end of each of the next six years?

Reference no: EM1312098

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