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Help!!! When equal payments are made at fixed intervals for a specified number of periods, you will treat them as. You are planning to put
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When equal payments are made at fixed intervals for a specified number of periods, you will treat them as. You are planning to put 1750 in the bank at the end of each year for the next seven years in hopes that you will have enough money for a new boat. If you investing at an annual interest rate of 5%, how much money will you have at the end of seven years? $15,304 $20,983 $19,795 $14,249 $14,961 You decided to deposit your money in the bank at the beginning of the year instead of the end of the year, but now you are making payments of 2000 at an annual interest rate of 3%. How much money will you have available at the end of eight years? $19,795 $18,318 $15,304 $20,983 $16,070Step by Step Solution
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