You want to have 65000 in your savings account 11 years, Ask an Expert

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You want to have $65,000 in your savings account 11 years from now, and you’re prepared to make equal annual deposits into the account at the end of each year. If the account pays 6.30 percent interest, what amount must you deposit each year? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)

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Financial Management, Finance

Category:- Financial Management
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