Business, 26.03.2020 03:34 PearlJam5492
A 20-year-old student decided to set aside $100 on his 21st birthday for investment. Each subsequent year through his 55th birthday, he plans to increase the investment on a $100 arithmetic gradient. He will not set aside additional money after his 55th birthday. If the student can achieve an 8% rate of return, what is the future worth of the investments on his 65th birthday
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A 20-year-old student decided to set aside $100 on his 21st birthday for investment. Each subsequent...
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