The company XYZ has scheduled to put $7,389 of excess earnings in a savings account at the
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Question:
The company XYZ has scheduled to put $7,389 of excess earnings in a savings account at the end of EACH of the following eight years. The interest rate of the account is 3.5% p.a.. How much will the company have saved after 8 years?
Round your answer to the nearest $)
Related Book For
South-Western Federal Taxation 2018 Comprehensive
ISBN: 9781337386005
41st Edition
Authors: David M. Maloney, William H. Hoffman, Jr., William A. Raabe, James C. Young
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