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Other Fields Homework Help Business Topic started by: Rickos on May 30, 2017



Title: How much money must you pay into an account at the beginning of each of 11 years in order to have ...
Post by: Rickos on May 30, 2017
How much money must you pay into an account at the beginning of each of 11 years in order to have $5,000 at the end of the 11th year? Assume that the account pays 8% per year, and round to the nearest $1.
A) $700
B) $257
C) $300
D) $278


Title: Re: How much money must you pay into an account at the beginning of each of 11 years in order to ...
Post by: vanrhee on May 30, 2017
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