If you deposit $4,900 at the end of each of the next 20 years into an account
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If you deposit $4,900 at the end of each of the next 20 years into an account paying 10.3 percent interest, how much money will you have in the account in 20 years? How much will you have if you make deposits for 40 years?
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Future value Annuity amount1rn 1r r is interest rate and n is number of payments r 103 and ...View the full answer
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781265553609
13th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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