Lamb company deposited 15000 annually for 6 years in an, Ask an Expert

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Lamb Company deposited $15,000 annually for 6 years in an account paying 5% interest compounded annually. What is the balance of the account at the end of the 6th year? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, e.g. 52.75.)

Account at the end of the 6th year $____

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91964083

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