Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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If you wish to have $25,000 at the end of 5 years, Using the present value tables, how much must your deposit each year if you earn
12% compounded annually? (Round answers to O decimal places, e.g. 25,000.)
Click here to view the factor table.
Investment $
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Transcribed Image Text:If you wish to have $25,000 at the end of 5 years, Using the present value tables, how much must your deposit each year if you earn 12% compounded annually? (Round answers to O decimal places, e.g. 25,000.) Click here to view the factor table. Investment $
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