Question
( Compounding using a calculator ) Lisa Simpson wants to have $1.5 million in 30 years by making equal annualend-of-the-year deposits into a tax-deferred account
(Compounding using a calculator) Lisa Simpson wants to have $1.5 million in 30 years by making equal annualend-of-the-year deposits into a tax-deferred account paying 8.75 percent annually. What must Lisa's annual deposit be?
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The Analysis And Use Of Financial Statements
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
3rd Edition
0471375942, 978-0471375944
