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Pete Morton is planning to go to graduate school and a program of study that will take three years Pete wants to have $10,000 available each year for various school and living expenses if he earns 4% on his money how much mass he deposit at the start of his studies to be able to withdraw $10,000 a year for three years

Pete Morton is planning to go to graduate school and a program of study that will take three years Pete wants to have $10,000 available each year for various school and living expenses if he earns 4% on his money how much mass he deposit at the start of his studies to be able to withdraw $10,000 a year for three years

Excel Applications for Accounting Principles
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
Problem 6E
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Pete Morton is planning to go to graduate school and a program of study that will take three years Pete wants to have $10,000 available each year for various school and living expenses if he earns 4% on his money how much mass he deposit at the start of his studies to be able to withdraw $10,000 a year for three years

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