Question
Suppose you make 30 annual investments in a fund that pays 3% compounded annually. If your first deposit is $5,500 and each successive deposit is
Suppose you make 30 annual investments in a fund that pays 3% compounded annually. If your first deposit is $5,500 and each successive deposit is 3% greater than the preceding deposit, how much will be in the fund immediately after the 30th deposit?
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Financial Freedom
Authors: Timothy Turner
1st Edition
1801573573, 978-1801573573
