You are to make monthly deposits of $400 into a retirement account that pays 10.5 percent interest

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You are to make monthly deposits of $400 into a retirement account that pays 10.5 percent interest compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 30 years?

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Essentials Of Corporate Finance

ISBN: 9780073382463

7th Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Jun 13, 2019 10:29 AM

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You are to make monthly deposits of $400 into a retirement account that pays 10.5 percent interest

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Essentials Of Corporate Finance

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