(FV annuity) Your parents have just opened a savings account for you. They plan to make monthly...

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(FV annuity) Your parents have just opened a savings account for you. They plan to make monthly deposits of $200 for the next 10 years (120 deposits)

where the first deposit starts today. Assume that the account earns 0.5% interest per month. What will be the value of your saving account after 10 years?

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Principles Of Finance Wtih Excel

ISBN: 9780190296384

3rd Edition

Authors: Simon Benninga, Tal Mofkadi

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Question Posted: Jun 07, 2024 01:18 AM

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(FV annuity) Your parents have just opened a savings account for you. They plan to make monthly...

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Principles Of Finance Wtih Excel

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