Suppose you need to have $50,418.00 in an account 18.00 years from today and that the account

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Suppose you need to have $50,418.00 in an account 18.00 years from today and that the account pays 9.00%. How much do you have to deposit into the account 5.00 years from today?

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Money Banking and Financial Markets

ISBN: 978-0078021749

4th edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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Posted Date: Jan 16, 2020 02:23 AM

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Suppose you need to have $50,418.00 in an account 18.00 years from today and that the account

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Money Banking and Financial Markets

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