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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540 Exercise 126
Solve this application problems. Round to the nearest cent.
Mr. and Mrs. Thompson deposit $2000 at the beginning of each year for 20 years into a retirement account earning 6% compounded annually. Find (a) the future value ____________and (b) the interest. ____________
Mr. and Mrs. Thompson deposit $2000 at the beginning of each year for 20 years into a retirement account earning 6% compounded annually. Find (a) the future value ____________and (b) the interest. ____________
Explanation
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Since the deposits are made at the begin...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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