Your client plans to invest $12,500 at the beginning of each year for the next 13...
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Your client plans to invest $12,500 at the beginning of each year for the next 13 years. If the invested funds earn 5.6% compounded annually, what will be the total accumulated value after 13 years? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Total value %24 Your client plans to invest $12,500 at the beginning of each year for the next 13 years. If the invested funds earn 5.6% compounded annually, what will be the total accumulated value after 13 years? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Total value %24
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annual payments12500 interest56 annual compoundingr peri... View the full answer
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Posted Date:
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