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P6-24 Calculating Annuity Future Values [LO1] You are planning to make monthly deposits of $120 into a retirement account that pays 13 percent interest compounded
P6-24 Calculating Annuity Future Values [LO1] You are planning to make monthly deposits of $120 into a retirement account that pays 13 percent interest compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 23 years? Multiple Choice $205,681.64 $215,965.73 $2,468,179.72 $195,397.56 $173,094.96 Step by Step Solution
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R In Finance And Economics A Beginners Guide
Authors: Abhay Kumar Singh, David Edmund Allen
1st Edition
9813144467, 978-9813144460
