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Rickos Rickos
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Posts: 1281
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6 years ago
How much money must you pay into an account at the beginning of each of 11 years in order to have $5,000 at the end of the 11th year? Assume that the account pays 8% per year, and round to the nearest $1.
A) $700
B) $257
C) $300
D) $278
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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vanrheevanrhee
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6 years ago
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Rickos Author
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6 years ago
This helped my grade so much Perfect
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Thanks
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2 hours ago
Thank you, thank you, thank you!
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