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How much more would she have to deposit at the end

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Question - Morgan's investment manager offers her an interest rate of 8.0% compounded monthly on her investments. If the manager changes his mind and offers her a rate of 8.0% compounded annually how much more would she have to deposit at the end of each year in order to accumulate $433,000 in 30 years?

Reference no: EM133027207

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