HW Ch 6 i Saved
6
You want to have $79,000 in your savings account 13 years from now, and you're
prepared to make equal annual deposits into the account at the end of each year. If the
account pays 7.30 percent interest, what amount must you deposit each year? (Do not
round intermediate calculations and round your answer to 2 decimal places, e. g.,
32.16.)
6.66
points
8 03:13:49
Annual deposit
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Hint
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I have a question why do you not study instead of cheating boy or girl whatever

Explanation:HW Ch 6 i

Saved

6

You want to have $79,000 in your savings account 13 years from now, and you're

prepared to make equal annual deposits into the account at the end of each year. If the

account pays 7.30 percent interest, what amount must you deposit each year? (Do not

round intermediate calculations and round your answer to 2 decimal places, e.g.,

32.16.)

6.66

points

8 03:13:49

Annual deposit

Skipped

eBook

Hint

Print

answer; i believe the correct answer is (a) purchase of treasury stock;

definitely a