Charlotte wishes to accumulate $100,000 in a savings account in 10 years. If she wishes to make
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Charlotte wishes to accumulate $100,000 in a savings account in 10 years. If she wishes to make a single deposit today and the bank pays 4 percent compounded annually on deposits of this size, how much should Charlotte deposit in the account?
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Related Book For
Principles Of Engineering Economic Analysis
ISBN: 9781118163832
6th Edition
Authors: John A. White, Kenneth E. Case, David B. Pratt
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