A university alum wants to save $25,000 over 15 years so that he could start a scholarship
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A university alum wants to save $25,000 over 15 years so that he could start a scholarship for students in industrial engineering. To have this amount when it is needed, annual payments will be made into a savings account that earns 8% interest per year. What is the amount of each annual payment?
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Related Book For 
Project Management Systems Principles And Applications
ISBN: 9781420083200
1st Edition
Authors: Adedeji B Badiru
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