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cloveb cloveb
wrote...
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Posts: 782
7 years ago Edited: 7 years ago, cloveb
Last Christmas, Danny received an annual bonus of $1,500. These annual bonuses are expectedto grow by 5 percent for the next 5 years. How much will Danny have at the end of the fifthyear if he invests his Christmas bonuses (including the most recent bonus) in a project paying 8percent per year?
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bolbolbolbol
wrote...
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Posts: 3162
7 years ago
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