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Mathematics, 15.04.2021 17:00 jatti
The Fosters vowed on their wedding day to
have saved $1,000,000 by their 50th anniversary. Use the
future value formula to determine how much the Fosters would
have to save monthly at 6.6% interest compounded monthly
in an ordinary annuity to save $1,000,000 in 50 years.
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The Fosters vowed on their wedding day to
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