If you deposit $4,000 at the end of each of the next 20 years into an account
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If you deposit $4,000 at the end of each of the next 20 years into an account paying 9.5 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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Here we need to find the FVA The equation to find the FVA is FVA C1 r t 1 r FVA for ...View the full answer
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Ali Khawaja
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Related Book For 
Essentials Of Corporate Finance
ISBN: 9780073382463
7th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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