If you deposit $5,000 at the end of each of the next 20 years into an account

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If you deposit $5,000 at the end of each of the next 20 years into an account paying 10.8 percent interest, how much money will you have in the account in 20 years? How much will you have if you make deposits for 40 years?

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Fundamentals of corporate finance

ISBN: 978-0078034633

10th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Mar 13, 2014 08:18 AM

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If you deposit $5,000 at the end of each of the next 20 years into an account

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Fundamentals of corporate finance

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