Question
Anne Simpson wants to have $1,400,000 in 50 years by making equal annual end-of-the-year deposits into a tax-deferred account paying 11.75 percent annually. What must
Anne Simpson wants to have $1,400,000 in 50 years by making equal annual end-of-the-year deposits into a tax-deferred account paying 11.75 percent annually. What must Anne's annual deposit be?
The amount of Anne's annual deposit must be $__ PLEASE round to the nearest cent
PLEASE read the question carefully and only reply if you have a firm understanding of finance.
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Strategy For Personal Finance
Authors: Larry R. Lang
4th Edition
007036317X, 9780070363175
