You want to have $25,000 in your savings account eight years from now, and youre prepared to
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You want to have $25,000 in your savings account eight years from now, and you’re prepared to make equal annual deposits into the account at the end of each year. If the account pays 4.75 percent interest, what amount must you deposit each year?
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Related Book For
Essentials Of Corporate Finance
ISBN: 9780073382463
7th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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