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solina solina
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6 years ago
a.) If Sparco, Inc. deposits $150 at the end of each year for the next eight years in an account that pays 5% interest, how much money will Sparco have at the end of eight years?
b.) Suppose Sparco decides that they need to have $5,300 at the end of the eight years. How much will they have to deposit at the end of each year?
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
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Heavy Heart Thank you bio-forums! Heavy Heart
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David_hessDavid_hess
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solina Author
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6 years ago
Correct Slight Smile TY
Lawson1981
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wyq2651
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2 hours ago
Thanks for your help!!
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