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Back to Library QID: #9367

Solution for QID #9367: What sum deposited today at ?5% compounded annually for 10 y | StudyHelpMe

Subject: Finance
Status: Verified Solution
What sum deposited today at ?5% compounded annually for 10 years will provide the same amount as ?$2200 deposited at the end of each year for 10 years at 7% compounded? annually? What sum would have to be deposited today at ?5% interest compounded? annually? ?
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