Question
1.
You plan to make annual end-of-year deposits of $3,000 for the next 10 years followed by a final deposit of $11,000 at the en
2.
If $1,000 is invested in an account earning 6% interest compounded quarterly for 5 years, what is the periodic interest rate
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Answer #1

STEP-I First lets find out future value after to years using formula fluture value of annuity = P((1+r) - 1] where pe payme

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1. 2. You plan to make annual end-of-year deposits of $3,000 for the next 10 years...
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