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You would like your retirement fund to have 450,000$ after 32 years. The bank offers you an APR of 2.6%, compounded quarterly. How much should
You would like your retirement fund to have 450,000$ after 32 years. The bank offers you an APR of 2.6%, compounded quarterly. How much should your quarterly deposits be in order to reach that goal? How much interest will you receive? (Attach work below)
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
