How much must you invest at the end of each year

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Question: You wish to have $100,000 after ten years for a major purchase such as a boat. How much must you invest at the end of each year if you earn 8 percent annually on your funds?

Reference no: EM133436048

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How much must you invest at the end of each year : You wish to have $100,000 after ten years for a major purchase such as a boat. How much must you invest at the end of each year if you earn 8 percent annually

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