You invest $1,000 a year for ten years at 10 percent and then invest $2,000 a year

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You invest $1,000 a year for ten years at 10 percent and then invest $2,000 a year for an additional ten years at 10 percent. How much will you have accumulated at the end of the 20 years?

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Investments An Introduction

ISBN: 978-0324561388

9th Edition

Authors: Herbert B Mayo

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Question Posted: Jun 26, 2012 05:24 AM

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You invest $1,000 a year for ten years at 10 percent and then invest $2,000 a year

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The easiest means to approach this problem when using interest tables ...View the full answer

Investments An Introduction

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