Question
Assume you are planning to invest $6,849 each year for six years and will earn 9 percent per year. Determine the future value of this
Assume you are planning to invest $6,849 each year for six years and will earn 9 percent per year. Determine the future value of this annuity due problem if your first $6,849 is invested now. (Round answer to 2 decimal places, e.g., 1,220.25.)
| Future value | $ |
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Personal Finance An Integrated Approach
Authors: Bernard J. Winger
4th Edition
0198520972, 9780132696302
