You want to have 50000 in your savings account 5 years from
You want to have $50,000 in your savings account 5 years from now and you are prepared to make equal annual deposits into the account at the end of each year. If the account pays 4.5%, what amount must you deposit each year?
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1 use the balance sheet of a bank below to answer the following assets are either fixed or rate sensitiveassets nbsp
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