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You decided to open a savings deposit account and put $120 every month so that your grandson can collect the amount after 40 years. The
You decided to open a savings deposit account and put $120 every month so that your grandson can collect the amount after 40 years. The bank offers a fixed interest rate of 8%. What will be the collected amount by your grandson?
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
13th Edition
1337395080, 9781337395083
