Answered: noma plans to save $4000 per year for…

noma plans to save $4000 per year for the next 35 years. if she can earn an annual interest rate of 9.8 percent, how much will she have in 35 years?

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications

Section: Chapter Questions

Problem 12E

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noma plans to save $4000 per year for the next 35 years. if she can earn an annual interest rate of 9.8 percent, how much will she have in 35 years?

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