Question
(FV of annuity due)To finance your newborn daughter's education you deposit $1,500 a year at the beginning of each of the next 18 years in
(FV of annuity due)To finance your newborn daughter's education you deposit $1,500 a year at the beginning of each of the next 18 years in an account paying 8% annual interest.How much will be in the account at the end of the 18th year?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
