You are to make monthly deposits of $500 into a retirement account that pays 10.3 percent interest

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You are to make monthly deposits of $500 into a retirement account that pays 10.3 percent interest compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 35 years?

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Essentials of Corporate Finance

ISBN: 978-0078034756

8th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Feb 23, 2017 02:03 AM

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You are to make monthly deposits of $500 into a retirement account that pays 10.3 percent interest

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Essentials of Corporate Finance

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