Question: O Time value Personal Finance Problem You can deposit 55,000 into an account paying 13% restrither today or may 10 years from today. How much
O Time value Personal Finance Problem You can deposit 55,000 into an account paying 13% restrither today or may 10 years from today. How much betwee all you be your own your timesta u mast Initial deposit today rather than 10 years from today? The future value at the end of 30 years you deposit 5,000 at 13% today Round to the nearest dola) The future value at the end of 30 years f you deposit 55,000 at 133 10 years from today is found the neerval) # you vest the 35.000 now instead of waiting for 10 years to make the investment you would be better of by Round is the rest ole
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