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gisellerol gisellerol
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A year ago
Mary needs a pension that will pay her $12,000 one year from now and annual payments for 24 more years that are each 5% larger than the previous year. If the funds in her Retirement Fund earn 7.5% compounded annually, how much money must she have there now?

▸ $188,490

▸ $266,540

▸ $532,842

▸ $213,460

▸ $487,671
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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micp3537micp3537
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A year ago
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gisellerol Author
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A year ago
You make an excellent tutor!
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Brilliant
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2 hours ago
Just got PERFECT on my quiz
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