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Current Attempt in Progress Kimberly Gray wants to invest a certain sum of money at the end of each year for five years. The investment
Current Attempt in Progress Kimberly Gray wants to invest a certain sum of money at the end of each year for five years. The investment will earn compounded annually. At the end of five years, she will need a total of $ accumulated. How should she compute her required annual investment? $ times the present value of a year, ordinary annuity of $ divided by the present value of a year, ordinary annuity of $ times the future value of a year, ordinary annuity of $ divided by the future value of a year, ordinary annuity of
Current Attempt in Progress
Kimberly Gray wants to invest a certain sum of money at the end of each year for five years. The investment will earn compounded annually. At the end of five years, she will need a total of $ accumulated. How should she compute her required annual investment?
$ times the present value of a year, ordinary annuity of
$ divided by the present value of a year, ordinary annuity of
$ times the future value of a year, ordinary annuity of
$ divided by the future value of a year, ordinary annuity of
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