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Anita wants to withdraw $1,000 per month for the next 10 years. She will withdraw the first amount in one month. The bank pays
Anita wants to withdraw $1,000 per month for the next 10 years. She will withdraw the first amount in one month. The bank pays interest at 6% compounded monthly. How much does she need to deposit today to do this? Some other number $90,073.45 $120,000.00 $92,421.48 $94,281.35
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Forensic Accounting and Fraud Examination
Authors: Mary Jo Kranacher, Richard Riley, Joseph T. Wells
1st edition
047043774X, 978-0470437742
