How much money do you have to put into a bank account


Problem

How much money do you have to put into a bank account that pays 10% interest compounded annually to receive annual payments of $200 forever?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: How much money do you have to put into a bank account
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