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How much do you have to deposit today so that beginning 11 years from now you can withdraw $15,000 a year for the next 7
How much do you have to deposit today so that beginning 11 years from now you can withdraw $15,000 a year for the next 7 years (years 11 to 17) plus an additional amount of $30,000 in the last year (year 17)? Assume an interest rate of 9%
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Financial Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
1st Edition
0471169196, 978-0471169192
