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One year ago, Sinem deposited $80,000 in her investment account for the purpose of buying a flat five years from today. Today, she is adding
One year ago, Sinem deposited $80,000 in her investment account for the purpose of buying a flat five years from today. Today, she is adding another $20,000 to her account. She plans on making a final deposit of $35,000 to the account one year from today. If the interest rate is 10 percent, how much cash will be available in her investment account when she is ready to buy the flat?
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Financial Management For Nurse Managers And Executives
Authors: Cheryl Jones, Steven A. Finkler, Christine T. Kovner, Jason Mose
5th Edition
0323415164, 9780323415163
