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How much must she deposit at her bank today

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Problem - Jane Frost wants to receive yearly payments of $30,000 for 12 years. How much must she deposit at her bank today at 12.5% interest compounded annually?

Reference no: EM133016512

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How much must she deposit at her bank today : Jane Frost wants to receive yearly payments of $30,000 for 12 years. How much must she deposit at her bank today at 12.5% interest compounded annually
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