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$19,800 is invested at a rate of 9.8% per year, compounded 4 times per year. In addition, regular payments of $100 are made at
$19,800 is invested at a rate of 9.8% per year, compounded 4 times per year. In addition, regular payments of $100 are made at the end of each compounding period. What is the future value of this account after 30 years? Answer $1 " Hint: Imagine this as two separate investments. How much will you have all together in 30 years?
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Spreadsheet Modeling And Decision Analysis A Practical Introduction To Business Analytics
Authors: Cliff Ragsdale
9th Edition
0357132092, 978-0357132098
