A person deposits $400,000 each year-end in a savings account that pays 13% annual interest compounded annually.
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A person deposits $400,000 each year-end in a savings account that pays 13% annual interest compounded annually. How much will he have saved by making the sixth deposit?
Related Book For
Financial Algebra advanced algebra with financial applications
ISBN: 978-0538449670
1st edition
Authors: Robert K. Gerver
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