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A father opened a savings account for his daughter on the day she was born, depositing $ 1 2 0 0 . Each year on
A father opened a savings account for his daughter on the day she was born, depositing $ Each year on her birthday he deposits another $ making that last deposit on her nd birthday. If the account pays interest compounded annually, how much is in the account at the end of the day on his daughter's nd birthday? How much interest has been earned?
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Personal Financial Planning For Executives And Entrepreneurs
Authors: Michael J. Nathanson, Jeffrey T. Craig, Jennifer A. Geoghegan, Nadine Gordon Lee, Michael A. Haber, Seth P. Hieken, Matthew C. Ilteris, D. Scott McDonald, Joseph A. Salvati, Stephen R. Stelljes
1st Edition
3030405273, 978-3030405274
