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Repeat question #2 for annuity due. 11. If you want to accumulate $70,000 and you have $10,000 saved now, how many years will it take
Repeat question #2 for annuity due.
11. If you want to accumulate $70,000 and you have $10,000 saved now, how many years will it take if you pay $100 per quarter and your investment account pays 5.5% compounded quarterly? 12. What is the present value of a $300,000 cash flow to be received at the end of each of the next 10 years from an account that earns an annual rate of 9% Step by Step Solution
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