You want to have 65000 in your savings account 9 years from, Ask an Expert

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You want to have $65,000 in your savings account 9 years from now, and you're prepared to make equal annual deposits into the account at the end of each year.

Required:
If the account pays 6.5 percent interest, what amount must you deposit each year?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M947640

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