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Business, 29.02.2020 00:58 MajentaSnow2613
Eloise plans to accumulate 100,000 at the end of 42 years. She makes the following deposits: X at the beginning of years 1-14; No deposits at the beginning of years 15-32; and Y at the beginning of years 33-42. The annual effective interest rate is 7%. X – Y = 100. Calculate Y.
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Eloise plans to accumulate 100,000 at the end of 42 years. She makes the following deposits: X at th...
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