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Leon and Heidi decided to invest $3,000 annually for only the first eight years of their marriage. The first payment was made at age 20.
Leon and Heidi decided to invest $3,000 annually for only the first eight years of their marriage. The first payment was made at age 20. If the annual interest rate is 8%, how much accumulated interest and principal will they have at age 70?
Click the icon to view the interest and annuity table for discrete compounding when = 8% per year.
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