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tetleyelmo tetleyelmo
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7 years ago
You just won the Sweepstakes and have decided to take your winning in 15 equal payments of $35,000. You decide to save all of this money for your retirement and deposit it into an account that earns 11% per year. What is the amount of your retirement nest egg? (Round to the nearest whole dollar)
A) $1,204,188
B) $1,032,161
C) $1,112,037
D) $557,810
E) $852,225
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
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BlimpBlimp
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7 years ago
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Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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tetleyelmo Author
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7 years ago
Thank you, thank you, thank you!
bahajo
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Yesterday
This helped my grade so much Perfect
zbmallo3
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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