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You deposit $1,000 today in a savings account that pays2.5% interest, compounded annually. How much ...

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You deposit $1,000 today in a savings account that pays2.5% interest, compounded annually. How much ...

You deposit $1,000 today in a savings account that pays2.5% interest, compounded annually. How much will your account be worth at the end of40years?

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$2,545.08

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$2,685.06

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$2,681.41

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$2,705.48

Textbook

Financial Management: Theory and Practice

Edition: 4^th

Authors: Brigham, Ehrhardt, Gessaroli, Nason

Read 53 times

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More solutions for this book are available here

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onlineerica Author

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This helped my grade so much Perfect

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

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Good timing, thanks!

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