Question
Annuity payments Lisa wants to have $ 1,7000,000 in 50 years by making equal annual end of the year deposits into a tax deffered account
Annuity payments Lisa wants to have $ 1,7000,000 in 50 years by making equal annual end of the year deposits into a tax deffered account paying 9.75 percent annually. What must Lisa's annual deposit be?
The amount of Lisa's annual deposit be $ round to nearest cent
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Millon Cornett
9th edition
1259717771, 1259717772, 9781260048186, 1260048187, 978-1259717772
