a is Leon and Heidi decided to invest $2,750 annually for oply the first nine years of their marriage. The first payment was made at age 20. Irude annual interest rate is 8% how much accumulated interest and principal will they have at age 657 The accumulated interest and principal will equal S (Round to the nearest dollar)

Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter27: Time Value Of Money (compound)
Section: Chapter Questions
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Leon and Heidi decided to invest $2,750 annually for oply the first nine years of their marriage. The first payment was made at age 20. Irude annual interest rate is 8%.
how much accumulated interest and principal will they have at age 65?
Scor
The accumulated interest and principal will equal S (Round to the nearest dollar)
Transcribed Image Text:Leon and Heidi decided to invest $2,750 annually for oply the first nine years of their marriage. The first payment was made at age 20. Irude annual interest rate is 8%. how much accumulated interest and principal will they have at age 65? Scor The accumulated interest and principal will equal S (Round to the nearest dollar)
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