Finite mathematics-annuities

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Reference no: EM13132192

Retirement Annuity -

When she is 30, Sue starts making annual deposits of $2,000 into a bondfund that pays 8% annual interest compounded continuously. Assuming that her deposits are made as a contiuous income flow, how much money will be in her account if she retires at age 55?

Reference no: EM13132192

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