Time value of money-annuities

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Reference no: EM132791728

Subject: Time Value of Money, Annuities.

Suppose you set up a savings plan whereby you will deposit $967 per month into an account earning 0.75% per month compounded monthly. Your first deposit will be one month from now and your last deposit will be 5.250 years from now. How much will be in your account immediately after your last? deposit?

Reference no: EM132791728

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