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MyFinancelab - Homework P Do Homework - Kayla X + Home-x Students www.mathxl.com FIN-320-T1314 Principles of Finance 18EW1 Homework: 6-1 MyFinanceLab Assignment Score: 0 of
MyFinancelab - Homework P Do Homework - Kayla X + Home-x Students www.mathxl.com FIN-320-T1314 Principles of Finance 18EW1 Homework: 6-1 MyFinanceLab Assignment Score: 0 of 4 pts P6-8 (similar to) Kayla Hopkins &I 10/2/18 11:42 PM Save 5of12 (0 complete) HW Score: 0%, 0 of 50 pts EQuestion Help (Annuity payments) To pay for your child's education, you wish to have accumulated $19,000 at the end of 10 years. To do this, you plan to deposit an equal amount into the bank at the end of each year. If the bank is willing to pay 8 percent compounded annually, how much must you deposit each year to obtain your goal? The smount of money you must deposit each year in order to obtin your goalis s Round to the nearest cent) Enter your answer in the answer box and then click Check Answer All parts showing 02raen 0 Type here to search
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