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You want to have $52,000 in your savings account 6 years from now, and you're prepared to make equal annual deposits into the account at
You want to have $52,000 in your savings account 6 years from now, and you're prepared to make equal annual deposits into the account at the end of each year. Required: If the account pays 6.3 percent interest, what amount must you deposit each year? rev: 09_17_2012 $8,666.67 $3,276.02 $10,662.13 $3,275.97 $7,398.74
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