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You plan to deposit $1,900 per year for 6 years into a money market account with an annual return of 3%. You plan to make
You plan to deposit $1,900 per year for 6 years into a money market account with an annual return of 3%. You plan to make your first deposit one year from today.
- a.Whatamountwillbeinyouraccountattheendof6years?Roundyouranswertothenearestcent.Donotroundintermediatecalculations.
- b.Assume that your deposits will begin today. What amount will be in your account after 6 years? Round your answer to the nearest cent. Do not round intermediate calculations.
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New Venture Creation A Framework For Entrepreneurial Start-ups
Authors: Paul Burns
2nd Edition
1352000504, 978-1352000504
