Solution-You want to have 30000 in your savings account

You want to have 30000 in your savings account eight years

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Reference no: EM13571415

You want to have $30,000 in your savings account eight years fromnow, and you're prepared to make equal annual deposits into theaccount at the end of each year. If the account pays 5.25percent interest, what amount must you deposit each year?

Reference no: EM13571415

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You want to have 30000 in your savings account eight years

Reference no: EM13571415

Reference no: EM13571415

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