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Pat Gilbert recently set up a TDA to save for her retirement. She arranged to have taken out of each of her monthly checks; it
Pat Gilbert recently set up a TDA to save for her retirement. She arranged to have taken out of each of her monthly checks; it will earn
interest. She just had her thirtyninth birthday, and her ordinary annuity comes to term when she is Find the following:
The future value of the account.
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Find the future value of the account on December using an Amortization Formula.
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