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$1000 is deposited at the end of every month into an account earning 6.00% compounded monthly. If the balance in the account 5 years after
$1000 is deposited at the end of every month into an account earning 6.00% compounded monthly. If the balance in the account 5 years after the last deposit is to be 50 000.00, how many deposits are needed?
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Practical financial management
Authors: William r. Lasher
5th Edition
0324422636, 978-0324422634
