What is the value of an investment of $4,000 every year for 30 years at 7% interest

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What is the value of an investment of $4,000 every year for 30 years at 7% interest if the first contribution starts one year from today? Find the value at the end of the period.

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Corporate Finance

ISBN: 978-0077861759

10th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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Posted Date: Mar 07, 2024 10:42 PM

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What is the value of an investment of $4,000 every year for 30 years at 7% interest

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Heres how to solve this Define variables principal P 4000 annual investment amou... View the full answer

Corporate Finance

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