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You are saving for a new house and you put $10,000 per year in an account paying 8% compounded annually. The first payment is made
You are saving for a new house and you put $10,000 per year in an account paying 8% compounded annually. The first payment is made today. How much will you have at the end of 3 years?
6-23
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Fundamentals Of Corporate Finance
Authors: Richard A. Brealey, Marcus, Alan J, Myers, Stewart C.
2nd Edition
0070074860, 9780070074866
