You want to have $50,000 in your savings account five years from now, and youre prepared to

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You want to have $50,000 in your savings account five years from now, and you’re prepared to make equal annual deposits into the account at the end of each year. If the account pays 6.2 percent interest, what amount must you deposit each year?

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Fundamentals Of Corporate Finance

ISBN: 9780072553079

6th Edition

Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan

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Question Posted: Oct 03, 2023 01:02 PM

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You want to have $50,000 in your savings account five years from now, and youre prepared to

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Fundamentals Of Corporate Finance

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