Essay
Sara Shouppe has invested $100,000 in an account at her local bank.The bank will pay her a constant amount each year for 6 years,starting one year from today,and the account's balance will be 0 at the end of the sixth year.If the bank has promised Ms.Shouppe a 10% return,how much will they have to pay her each year?
Correct Answer:
Verified
Correct Answer:
Verified
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