Question: SOS PLEASE HELP robert has been saving $6000 annually for the past 15 years in an account earning 8%. Bob would like to have a
SOS PLEASE HELP
robert has been saving $6000 annually for the past 15 years in an account earning 8%. Bob would like to have a total of $200,000 by end of 4 more years. How much will robert now need so save each year for the nxt 4 years to reach his $200,000 goal (using 8%)?
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