Question
AmyMedavoy will invest $8780a year for20years in a fund that will earn10% annual interest. Click here to view factor tables If the first payment into
AmyMedavoy will invest $8780a year for20years in a fund that will earn10% annual interest.
Click here to view factor tables
If the first payment into the fund occurs today, what amount will be in the fund in20years? If the first payment occurs at year-end, what amount will be in the fund in20years?(Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 458,581.)
First payment today$
enter a dollar amount rounded to 0 decimal places
First payment at year-end$
enter a dollar amount rounded to 0 decimal places
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