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McGoff Company deposits $10,000 in a fund at the end of each year for 5 years. The fund pays interest of 4% compounded annually. What
McGoff Company deposits $10,000 in a fund at the end of each year for 5 years. The fund pays interest of 4% compounded annually. What is the balance in the fund at the end of 5 years?
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Financial Markets And Institutions
Authors: Jeff Madura
8th Edition
0324568215, 978-0324568219
