(Savings plans) You plan to open a savings account by depositing $1,000 in the bank today. You...

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(Savings plans) You plan to open a savings account by depositing $1,000 in the bank today. You also plan to deposit $1,000 in the bank in 1 year, 2 years, . . . , 9 years. If the bank pays interest of 3% per year, how much will you have in the bank 10 years from now?

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Principles Of Finance Wtih Excel

ISBN: 9780190296384

3rd Edition

Authors: Simon Benninga, Tal Mofkadi

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