Question
Dorothy has decided to set up an account that will pay her granddaughter, Lexi, $5,000 per year indefinitely. How much should Dorothy deposit in an
Dorothy has decided to set up an account that will pay her granddaughter, Lexi, $5,000 per year indefinitely. How much should Dorothy deposit in an account paying 8% annual interest to accomplish this goal?
Please show work so i know how you did it! Thanks
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Trade Union Finance
Authors: Marick F. Masters, Raymond Gibney
1st Edition
1032371382, 978-1032371382
