If the account pays an effective annual rate of 73 what, Financial Management

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If the account pays an effective annual rate of 73 what

Jack opens a savings account with a deposit of $1720. He plans to make another deposit of X dollars in three years, with the goal of having exactly $8000 in the account 8 years after it is opened.

If the account pays an effective annual rate of 7.3%, what value of X will allow him to reach his goal?

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Financial Management: If the account pays an effective annual rate of 73 what

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Financial Management: If the account pays an effective annual rate of 73 what

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