1. 3.43 Julia will be setting aside 10% of her monthly paycheck for automatic investment in a...

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1. 3.43 Julia will be setting aside 10% of her monthly paycheck for automatic investment in a stock mutual fund that pays dividends at 8%

per year compounded semiannually. If the deposit is $1200 per month beginning 1 month from now, how much will she have after 25 years?

Assume there is no interperiod compounding.

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Basics Of Engineering Economy

ISBN: 9781259683312

3rd Edition

Authors: Leland T. Blank, Anthony Tarquin

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Question Posted: Oct 25, 2024 02:00 PM

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1. 3.43 Julia will be setting aside 10% of her monthly paycheck for automatic investment in a...

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Basics Of Engineering Economy

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