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You deposit $1,600 at the end of each year into an account paying 8.1 percent interest. Required: (a) How much money will you have in
| You deposit $1,600 at the end of each year into an account paying 8.1 percent interest. |
| Required: | |
| (a) | How much money will you have in the account in 17 years? |
| A) 24,160.18 B) 27,200.00 C) 49,788.82 D) 54,492.69 E) 59,703.32 | |
| (b) | How much will you have if you make deposits for 34 years? |
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Public Finance Theory And Practice
Authors: M. Marlow
1st Edition
0030969603, 978-0030969607
