Pete Morton is planning to go to graduate school in a program of study that will take
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Pete Morton is planning to go to graduate school in a program of study that will take three years. Pete wants to have
$10,000 available each year for various school and living expenses. If he earns 4 percent on his money, how much must he deposit at the start of his studies to be able to withdraw $10,000 a year for three years? (Obj. 3)
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Focus On Personal Finance
ISBN: 9780073382425
3rd Edition
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
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