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. 12 percent per year
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Related Book For 
Financial Accounting Introduction To Concepts Methods And Uses
ISBN: 9780324222975
11th Edition
Authors: Clyde P. Stickney, Roman L. Weil
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