1:You will invest $94 per month. If the rate is 7.29%, how much will you have in...

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1:You will invest $94 per month. If the rate is 7.29%, how much will you have in 8 years?

2:You would like to buy a house in in 11 years and estimate that you will need a deposit of $97025. You plan to make bi-weekly deposits into an account that you hope will earn 9.1%. calculate How much do you have to deposit every two weeks?

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Managerial Accounting

ISBN: 978-0133428377

4th edition

Authors: Karen W. Braun, Wendy M. Tietz

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Posted Date: Mar 27, 2023 05:36 AM

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1:You will invest $94 per month. If the rate is 7.29%, how much will you have in...

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1To calculate the future value of the investment we can use the formula for the future value of an ... View the full answer

Managerial Accounting

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