Question 8 Suppose you invest $140 a month for 7 years into an account earning 9%...
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Question 8 Suppose you invest $140 a month for 7 years into an account earning 9% compounded monthly. After 7 years, you leave the money, without making additional deposits, in the account for another 28 years. How much will you have in the end? $ Suppose instead you didn't invest anything for the first 7 years, then deposited $140 a month for 28 years into an account earning 9% compounded monthly. How much will you have in the end? Question Help: D Video Message instructor Submit Question Post to forum Question 8 Suppose you invest $140 a month for 7 years into an account earning 9% compounded monthly. After 7 years, you leave the money, without making additional deposits, in the account for another 28 years. How much will you have in the end? $ Suppose instead you didn't invest anything for the first 7 years, then deposited $140 a month for 28 years into an account earning 9% compounded monthly. How much will you have in the end? Question Help: D Video Message instructor Submit Question Post to forum
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Monthly investment 140 Rate 9 Compound monthy Year 7 year NOW 140 ... View the full answer
Related Book For
Federal Tax Research
ISBN: 9781285439396
10th edition
Authors: Roby Sawyers, William Raabe, Gerald Whittenburg, Steven Gill
Posted Date:
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