If you need $20,000 for your son's education in 10 years, how much must you deposit at

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If you need $20,000 for your son's education in 10 years, how much must you deposit at the beginning of each year in the bank earning 5 percent in order to have the college money ready?

Ms Nelson Will receive $15,000 a year for the next year 20 years from her retirement fund. If a 5 percent interest rate is applied.

What is the current value of her retirement plan?

Related Book For answer-question

Corporate Finance

ISBN: 978-0077861759

10th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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Posted Date: Mar 24, 2023 11:49 PM

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If you need $20,000 for your son's education in 10 years, how much must you deposit at

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P A 1 1 rn r P 20000 1 ... View the full answer

Corporate Finance

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