Assume that you just received an ordinary annuity with 8


Assume that you just received an ordinary annuity with 8 annual payments of $1,000 each. You plan to invest the payments at a 6% annual interest rate. How much would you have, in total, at the end of the 8th year?

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Financial Management: Assume that you just received an ordinary annuity with 8
Reference No:- TGS01710534

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