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Mathematics, 17.09.2019 19:00 MichealM7668

Mr. smith wishes to retire in 16 years. when he retires he would like to have $500,000 in his bank account. mr. smith's bank pays 10% per year compounded annually. how much should he deposit now to attain his goal?

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Mr. smith wishes to retire in 16 years. when he retires he would like to have $500,000 in his bank a...
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