Solution-Question regarding the annual investments

Question regarding the annual investments

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You have forty years until you retire. Today you have no investments. At the end of the year, you will make the first of 40 annual investments of $5,000 in an account that returns 8%, how much will you have on the day that you make the last of your forty investments?

Reference no: EM131044423

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Question regarding the annual investments : You have forty years until you retire. Today you have no investments. At the end of the year, you will make the first of 40 annual investments of $5,000 in an account that returns 8%, how much will you have on the day that you make the last of you..

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Question regarding the annual investments

Reference no: EM131044423

Reference no: EM131044423

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