Assuming an interest rate of 2.125% p.a., but with monthly compounding, what is the future value at

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Assuming an interest rate of 2.125% p.a., but with monthly compounding, what is the future value at the end of year 37 of annual deposits of $2500 with the first deposit made at the end of year 5 and the last deposit made at the end of year 30?

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Real Estate Finance and Investments

ISBN: 978-0073377339

14th edition

Authors: William Brueggeman, Jeffrey Fisher

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Posted Date: May 13, 2024 09:02 AM

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Assuming an interest rate of 2.125% p.a., but with monthly compounding, what is the future value at

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To solve this problem we need to calculate the future value of the series of annual deposits made ov... View the full answer

Real Estate Finance and Investments

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