Lifetime savings accounts known as lsas allow people to, Ask an Expert

Economics

Lifetime Savings Accounts, known as LSAs, allow people to invest after-tax money without being taxed on any of the gains. If an engineer invests $10,000 now and then increases his deposit by $1000 each year through year 20, how mu ch will be in the account immediately after the last deposit, if the account grows by 12% per year?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92000100

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