Question
Assume you deposit $5,100 at the end of each year into an account paying 9.75 percent interest Requirement 1: How much money will you have
Assume you deposit $5,100 at the end of each year into an account paying 9.75 percent interest
Requirement 1: How much money will you have in the account in 18 years? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Annuity future value?
Requirement 2: How much will you have if you make deposits for 36 years? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Annuity future value?
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Finance At 40 Financial Intelligence
Authors: MOIRA O'NEILL Moira O'Neill
1st Edition
1408101114, 978-1408101117
