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NOTE: THERE ARE 2 STEPS TO THIS PROBLEM. tHANK YOU Problem P6-8 (similar to) Question Help * Javier is currently paying $1,200 in interest on
NOTE: THERE ARE 2 STEPS TO THIS PROBLEM.
tHANK YOU
Problem P6-8 (similar to) Question Help * Javier is currently paying $1,200 in interest on his credit cards annually. If, instead of paying interest, he saved this amount every year, how much would he accumulate in a tax-deferred account earning 11 percent over 12, 17, or 22 years? Click on the table icon to view the FVIFA table EEB If, instead of paying interest, this amount was saved every year in a tax-deferred account earning 11 percent over 12 years, the amount accumulated would be $1 . (Round to the nearest dollar) ulated woud be Round to the nearest olar) Enter your answer in the answer box and then click Check Answer. parts remaining Clear All CheckStep by Step Solution
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