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Derek will deposit $6,768.00 per year for 12.00 years into an account that earns 7.00%, The first deposit is made next year. He has
Derek will deposit $6,768.00 per year for 12.00 years into an account that earns 7.00%, The first deposit is made next year. He has $13,164.00 in his account today. How much will be in the account 49.00 years from today?
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To calculate the future value of Dereks account after 49 years we can use the formula for compound i...
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Personal Finance
Authors: Thomas Garman, Raymond Forgue
12th edition
9781305176409, 1133595839, 1305176405, 978-1133595830
