Question
a. Use the appropriate formula to determine the periodic deposit. b. How much of the financial goal comes from deposits and how much comes
a. Use the appropriate formula to determine the periodic deposit. b. How much of the financial goal comes from deposits and how much comes from interest? Periodic Deposit $? at the end of each year Rate 6% compounded annually Time 19 years Financial Goal $120,000
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1the periodic deposit pd 1rn 1 r p 120000 dthe yearly deposit rannual rate006 n years19 ...Get Instant Access to Expert-Tailored Solutions
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Business Math
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
10th edition
133011208, 978-0321924308, 321924304, 978-0133011203
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