How much must you deposit at the end of each year in an account that pays a

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How much must you deposit at the end of each year in an account that pays a nominal annual rate of 20 percent, if at the end of five years you want $10,000 in the account?

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Contemporary Financial Management

ISBN: 9780324289114

10th Edition

Authors: James R Mcguigan, R Charles Moyer, William J Kretlow

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Question Posted: Jul 17, 2012 02:17 AM

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How much must you deposit at the end of each year in an account that pays a

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Contemporary Financial Management

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