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Student06 Student06
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4 months ago

Sammy decides to retire to Hawaii in four years. What amount should Sammy invest today so that she will be able to withdraw $20,000 at the end of each year for 30 years after she retires? Assume she can invest money at 7% compounded annually.

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
Author:
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kaitmawkaitmaw
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4 months ago
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Student06 Author
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4 months ago
Just got PERFECT on my quiz
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Yesterday
this is exactly what I needed
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2 hours ago
Good timing, thanks!
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