In order to establish a contingency fund to
Chapter 3, Problem 3.77(choose chapter or problem)
In order to establish a contingency fund to replaceequipment after unexpected breakdowns, a manufacturerof thin-wall plastic bottles plans to deposit$100,000 now and $150,000 two years fromnow into an investment account. Assuming theaccount grows at 15% per year, the equation thatdoes not represent the future value of the accountin year 5 is: (a) F = 100,000(FP,15%,5) +150,000(FP,15%,3)(b) F = [100,000(FP,15%,2) + 150,000](FP,15%,3)(c) F = [100,000 + 150,000(PF,15%,2)](FP,15%,5)(d) F = 100,000(FP,15%,5) +150,000(FP,15%,2)
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