You friend wishes to set up an annuity today that will grow to $80 000 in 15 years.The money will

You friend wishes to set up an annuity today that will grow to $80 000 in 15 years.The money will
You friend wishes to set up an annuity today that will grow to $80 000 in 15 years.The money will then be used to retire $80 000 of government loans taken out to attend medical school.If your friend deposits $2 500 at the end of each year for 15 years and earns an interest rate of 10% on the deposits,will she have enough at that time to retire the government loan?
不是只需要翻译,
英语人气:355 ℃时间:2020-05-02 08:46:46
优质解答
够了.
2500*((1+10%)^15+(1+10%)^14+.(1+10%))=87374.32
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