Calculating the returns for next years

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Reference no: EM1312118

Calculating the returns for next years.

Assume, instead, that Katina has decided she needs $20,000 to begin business. She wants to invest equally amounts at the end of each year for the next 6 years to accumulate the $20,000 needed at the time.

How much will Katina have put into the account over the six years?

Reference no: EM1312118

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