Question
You are planning to make monthly deposits of $130 into a retirement account that pays 11 percent interest compounded monthly. If your first deposit will
You are planning to make monthly deposits of $130 into a retirement account that pays 11 percent interest compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 25 years?
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Public Finance Administration
Authors: B. J. Reed, John W. Swain
2nd Edition
0803974051, 978-0803974050
