Question An investor needs $20,000 in 17 years. (a) What amount should be deposited in a fund

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Question An investor needs $20,000 in 17 years. (a) What amount should be deposited in a fund at the end of each quarter at 5% compounded quarterly so that there will be enough money in the fund? (b) Find the investor's quarterly deposit if the money is deposited at 4.5% compounded quarterly

Posted Date: Jul 11, 2024 04:20 AM

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Question An investor needs $20,000 in 17 years. (a) What amount should be deposited in a fund

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