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You start with $0 in the bank at time zero. You add $2,000 to the account at the end of each year for 10 years.
You start with $0 in the bank at time zero. You add $2,000 to the account at the end of each year for 10 years.
Interest rate 5.487%
PV?
FV?
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Money Banking And Financial Markets
Authors: Stephen Cecchetti, Kermit Schoenholtz
6th Edition
1260226786, 9781260226782
