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Computing the interest earned for next years

Assume, instead, that Katina has decided she needs $20,000 to begin business. She wants to invest equally amounts at the end of each year for the next 6 years to accumulate the $20,000 needed at the time.

How much interest will be earned over the 6 years?

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M9162503

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