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Micky and Minnie Mouse are looking into retiring and settling in Las Cruces. They would like to see what the future value of a $7,500
Micky and Minnie Mouse are looking into retiring and settling in Las Cruces. They would like to see what the future value of a $7,500 annuity payment would be, paid over seventeen years, if the annuity earns a 10.5 percent interest rate. Calculate what the amount is. (Show your work) (If using the business calculator or excel spreadsheet, show the function buttons and the amounts)
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