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The pipe guy plans to deposit $78,000 into an investment each year for the next 10 years so he can fund a new brick and
The pipe guy plans to deposit $78,000 into an investment each year for the next 10 years so he can fund a new brick and mortar pie shop in downtown Flagstaff the investment pays 6% annual interest how much money will the pike I have at the end of 10 years?
what are you trying to find in the above problem?
a. The future value of a single amount.
b. The future value of an annuity
c. The present value of an annuity
d. The present value of a single amount.
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