Alexa plans on saving 3000 a year and expects to earn an
Alexa plans on saving $3,000 a year and expects to earn an annual rate of 10.25 percent. How much will she have in her account at the end of 45 years?
1) $1,806,4292) $2,333,5723) $2,508,3164) $1,838,3695) $2,211,407
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Which one of the following accurately defines a perpetuity?
Today completes your 17th year of saving and you now have $6,528.91 in this account. What is the rate of return on your savings?
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