You deposit $2500 each year into an investment account that earns 8.5% interest for 20 years. Find the value of sn\i. Group of answer choices 11.76470588 16.87675201 51.10869654 48.37701323

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 9EB: If you invest $15,000 today, how much will you have in (for further instructions on future value in...
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You deposit $2500 each year into an investment account that earns 8.5% interest for 20 years.
Find the value of sn\i.
Group of answer choices
11.76470588
16.87675201
51.10869654
48.37701323
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