Future value of an ordinary annuity robert hobbes plans to, Financial Management

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Future value of an ordinary annuity robert hobbes plans to

Future value of an ordinary annuity: Robert Hobbes plans to invest $25,000 a year at the end of each year for the next seven years in an investment that will pay him a rate of return of 11.4 percent. How much money will Robert have at the end of seven years?

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Financial Management: Future value of an ordinary annuity robert hobbes plans to

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