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  3. Study Set
    Fundamental Accounting Principles Study Set 1
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    Exam 26: Present and Future Values in Accounting
  5. Question
    A Company Is Beginning a Savings Plan
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A Company Is Beginning a Savings Plan

Question 2

Question 2

Short Answer

A company is beginning a savings plan. It will be saving $15,000 per year for the next 10 years. How much will the company have accumulated after the tenth year-end deposit, assuming the fund earns 10% interest?

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