5. What uniform annual amount should be deposited each year in order to accumulate $2,143.60 at the time of the eighth annual deposit? The interest rate is 10% per year.
5. What uniform annual amount should be deposited each year in order to accumulate $2,143.60 at the time of the eighth annual deposit? The interest rate is 10% per year.
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 10PROB
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