Wiseman video plans to make four annual deposits of $2,000 each to a
6-5 Wiseman Video plans to make four annual deposits of $2,000 each to a special building fund. The fund’s assets will be invested in mortgage instruments expected to pay interest at 12% on the fund’s balance. Using the appropriate annuity table, determine how much will be accumulated in the fund on December 31, 2012,under each of the following situations: 1. The first deposit is made […]