Ms. Namura wants to have 45 million on her 65th birthday. She asks you to tell her

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Ms. Namura wants to have ¥45 million on her 65th birthday. She asks you to tell her how much she must deposit on each birthday from her 58th to 65th, inclusive, in order to receive this amount. Assume the following interest rates:

a. 8 percent per year

b. 1 2 percent per year

(Appendix)

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Financial Accounting An Introduction To Concepts Methods And Uses

ISBN: 9780030259623

9th Edition

Authors: Clyde P. Stickney, Roman L. Weil

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Question Posted: Jun 26, 2024 03:06 AM

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Ms. Namura wants to have 45 million on her 65th birthday. She asks you to tell her

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Financial Accounting An Introduction To Concepts Methods And Uses

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