Suppose you are the executor of your aunts estate and she, Ask an Expert

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Suppose you are the executor of your Aunt's estate and she desires to provide her daughter with $13.000 at the end of each year for the next 34 years. It the bank provides a guaranteed account which earns 5.6% per year simple interest how much money should be deposited into this guaranteed account to fully fund this request? (Answer to the nearest dollar)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92414912

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