Finance Assignment | Professional Writing
Cincinnati Company has decided to put $30,000 every year for next 3 years, $25000 for year 4, 5 and 6, and $40000 for year 7, 8, 9 and 10 in a pension fund.
The fund will earn interest at the rate of 6% per year. Illustrate the timeline for the project and volume of money available in pension fund after 10 years.
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