Question
Suppose you make 30 annual investments in a fund that pays 6% compounded annually. If your first deposit is $7,000 and each successive deposit is
Suppose you make 30 annual investments in a fund that pays 6% compounded annually. If your first deposit is $7,000 and each successive deposit is 6% greater than the preceding deposit, how much will be in the fund immediately after the 30th deposit?
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Money Locates You
Authors: Joan Ekobena
1st Edition
1774821257, 978-1774821251
