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2-6Time Value of Money You plan to retire after 16 years. To provide for that retirement, you initiate a savings program of $7,000 per
2-6Time Value of Money You plan to retire after 16 years. To provide for that retirement, you initiate a savings program of $7,000 per year in an investment yielding 8%. What is the value of that retirement fund after 16 years?
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Core Concepts of Government and Not For Profit Accounting
Authors: Michael H. Granof, Penelope S. Wardlow
2nd edition
471737925, 978-0-470-4605, 978-0471737926
