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Science-Related Homework Help Mathematics Topic started by: Hillier on Nov 27, 2017



Title: A trust fund will start to pay you $15 200 per year at the beginning of each year once you turn 18. ...
Post by: Hillier on Nov 27, 2017
A trust fund will start to pay you $15 200 per year at the beginning of each year once you turn 18. The prevailing interest rate is 8.79% compounded annually. For how long can you receive payments if you are celebrating your 14th birthday today and the current value of your trust fund is $111 345?
A) 20.97 years
B) 29.07 years
C) 20.07 years
D) 29.77 years
E) 24.97 years


Title: Re: A trust fund will start to pay you $15 200 per year at the beginning of each year once you turn ...
Post by: Supreme on Nov 27, 2017
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Title: Re: A trust fund will start to pay you $15 200 per year at the beginning of each year once you turn 18. ...
Post by: Hillier on May 14, 2018
Thanks so much


Title: Re: A trust fund will start to pay you $15 200 per year at the beginning of each year once you turn ...
Post by: et10014 on Mar 30, 2021
thank you