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2. An investor wants to achieve a goal of 1.1 Million at t=30. 1=6% At t=0 the investor puts in 1500. At t=1 1000,
2. An investor wants to achieve a goal of 1.1 Million at t=30. 1=6% At t=0 the investor puts in 1500. At t=1 1000, at t=2 1000 +x, at t=3 1000 + 2x and so on. What must X be to achieve this goal? Show all intermediate calculations for full credit.
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Managerial Accounting
Authors: John Wild, Ken Shaw
5th edition
978-1259176494, 1259176495, 978-1259347641, 1259347648, 978-0078025600
