Ted plans on saving $2,000 a year and expects to earn an annual rate of 5.9 percent.
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Question:
Ted plans on saving $2,000 a year and expects to earn an annual rate of 5.9 percent. How much will he have in his account at the end of 27 years?
Instruction: Enter your response rounded to two decimal places.
Related Book For
Financial Accounting An Integrated Statements Approach
ISBN: 978-0324312119
2nd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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