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Time valuePersonal Finance Problem You can deposit $5,000 into an account paying 8% annual interest either today or exactly 5 years from today. How much
Time valuePersonal Finance Problem You can deposit $5,000 into an account paying 8% annual interest either today or exactly 5 years from today. How much better off will you be at the end of 30 years if you decide to make the initial deposit today rather than 5 years from today?
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