Solved: In an account that pays 508 apr with annual compounding how, Business Economics

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In an account that pays 508 apr with annual compounding how

If you decide to deposit 870 every year for the next 7 years, with first deposit to be made one year from today and all deposits to be made at the end of each year, in an account that pays 5.08% APR with annual compounding, how much is this account worth in today's dollars?

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Business Economics: In an account that pays 508 apr with annual compounding how

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