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A person deposited 10000 L.E now into his account which pays 10% per year. He plans withdraw an equal end of year amount of 2000
A person deposited 10000 L.E now into his account which pays 10% per year. He plans withdraw an equal end of year amount of 2000 L.E for 5 years starting next year and closing account by with drawing the remaining money at the of sixth year . Construct the cash flow diagram. Find the amount of exit in each of end interest periods and the remaining sum
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