If you deposit $3,500today into an account earning an annual rate of return of 11percent, what would your account be worth in 35 years (assuming no further deposits)? In 40years? If you deposit $3,500 today into an account earning an annual rate of return of 11 percent, what would your account be worth in 35 years? $___________________ (Round to the nearest cent.)

If you deposit $3,500today into an account earning an annual rate of return of 11percent, what would your account be worth in 35 years (assuming no further deposits)? In 40years? If you deposit $3,500 today into an account earning an annual rate of return of 11 percent, what would your account be worth in 35 years? $___________________ (Round to the nearest cent.)

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter11: Capital Budgeting Decisions

Section: Chapter Questions

Problem 3PB: Use the tables in Appendix B to answer the following questions. A. If you would like to accumulate...

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