Question
You are planning to put $2,000 in the bank at the end of each year for the next eight years in hopes that you will
You are planning to put $2,000 in the bank at the end of each year for the next eight years in hopes that you will have enough money for a down payment on a condo. If you are investing at an annual interest rate of 6%, how much money will you have at the end of eight yearsrounded to the nearest whole dollar?
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Theoretical Foundations For Quantitative Finance
Authors: Luca Spadafora, Gennady P Berman
1st Edition
9813202475, 978-9813202474
