Question
Assume you are planning to invest $8,121 each year for six years and will earn 7 percent per year. Determine the future value of this
Assume you are planning to invest $8,121 each year for six years and will earn 7 percent per year. Determine the future value of this annuity due problem if your first $8,121 is invested now. (Round answer to 2 decimal places, e.g., 1,220.25.)
Future value............. $
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
7th edition
978-0133856507, 013385650X, 133856437, 978-0133856439
