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The sum of $10,000 is deposited at the end of each year for the next 12 years in an account paying 5.5% interest compounded annually.
The sum of $10,000 is deposited at the end of each year for the next 12 years in an account paying 5.5% interest compounded annually. Find the future value of this annuity.
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Data Analysis And Decision Making
Authors: Christian Albright, Wayne Winston, Christopher Zappe
4th Edition
415
