How much money should be deposited each year for 12 years if you wish to withdraw $309
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How much money should be deposited each year for 12 years if you wish to withdraw $309 each year for five years, beginning at the end of the 14th year? Let i = 8% per year.
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P 12 of deposits A FA 812 and P 13 P 12 FP 8 1 P ...View the full answer
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Related Book For
Engineering Economy
ISBN: 978-0133439274
16th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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