Lifetime Savings Accounts, known as LSAs, allow people to invest after tax money without being taxed on

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Lifetime Savings Accounts, known as LSAs, allow people to invest after tax money without being taxed on any of the gains. If an engineer invests $10,000 now and $10,000 each year for the next 20 years, how much will be in the account immediately after the last deposit, provided the account grows by 10% per year?

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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