19. 2.20 At 30 years old, Sally decided she wants to retire at 60. Determine the size...
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19. 2.20 At 30 years old, Sally decided she wants to retire at 60. Determine the size of her investment package 30 years from now if she deposits $12,000 each year, beginning 1 year from now, and the account earns interest at a rate of 10% per year.
Solve using
(a) tabulated factors, and
(b) a spreadsheet function.
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Related Book For
Basics Of Engineering Economy
ISBN: 9781259683312
3rd Edition
Authors: Leland T. Blank, Anthony Tarquin
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