Mathematics, 28.09.2021 20:40 paigeyadon13
A. Use the appropriate formula to determine the periodic deposit.
b. How much of the financial goal comes from deposits and how much comes from interest?
Time- 18 years
Periodic Deposit- $? at the end of each year
Rate- 3% compounded annually
Financial Goal- $160,000
(Do not round until the final answers. Then round up to the nearest dollar as needed.)
Answers: 1
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A. Use the appropriate formula to determine the periodic deposit.
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