Calculating Future Value. Krista Lee can purchase a service contract for all of her major appliances for

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Calculating Future Value. Krista Lee can purchase a service contract for all of her major appliances for $180 a year. If the appliances are expected to last for 10 years and she earns 5 percent on her savings, what would be the future value of the amount Krista will pay for the service contract?

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Personal Finance

ISBN: 9781260799736

13th Edition

Authors: Jack Kapoor

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