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You are glad to hear that you are going to get $100,000 when you turn 32. How much money was deposited by your family
You are glad to hear that you are going to get $100,000 when you turn 32. How much money was deposited by your family in the investment account that pays 8.0% 32 years ago when you born? Your grandparents deposited 20,000 on the day you born. How much will there be when you turn 25 years if the investment account pays 7.7% return year?
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Fundamentals of corporate finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
2nd Edition
978-0470933268, 470933267, 470876441, 978-0470876442
