Question
You just answered my question, however the only answers available are: Susan and Tom Houser believe that they will need payments of $4,460 at the
You just answered my question, however the only answers available are:
Susan and Tom Houser believe that they will need payments of $4,460 at the beginning of each of their retirement. The payments will be made out of an account that is expected to earn 10% interest annually. If the payments are made over 20 years, what amount (approximately)must be deposited in the account at retirement?
1.$140,8002.$1,718,249.983.$255,406.914.$280,947.605.$1,100,000
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Research Methods For Business Students
Authors: Mark Saunders, Philip Lewis, Adrian Thornhill
8th Edition
9781292208787
