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What single deposit you make now will accumulate

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What single deposit you make now will accumulate S 20000 at the end of the 10th year using 12% interest rate compounded annually? If the interest rate of 6% compounded annually, what single deposit is required now in order to accumulate S 10000 at the end of the 10th year? Kindly answer with more explain and draw if find

Reference no: EM133125397

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