how much money would you have if you deposited $100.00 in an account that earned 8% interest after 40 years?
2 answers:
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Answer:
Lisa invest "$2180.81" in her bank.
Step-by-step explanation:
The given values are:
On Lisa's 62nd birthday,
she withdraw = $10,000
The annuity of $A will remain at 3 percent for 40 years. The retirement pension of $10000 lasts 23 years at rate percentage of 3 but begins 40 years later.
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