Question
If you start making $90 monthly contributions today and continue them for ten years, what is their future value if the compounding rate is 6
If you start making $90 monthly contributions today and continue them for ten years, what is their future value if the compounding rate is 6 percent APR? What is the present value of this annuity?
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$14,794.14; $8,106.61
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$14,794.14; $8,147.14
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$14,822.89; $8,106.61
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$14,822.89; $8,147.14
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
12th Edition
1439044473, 978-1439044476
