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Anthony Walker plans to invest $28,400 a year at the end of each year for the next seven years in an investment that will pay him a rate of return of 9.8 percent. How much money will Anthony have at the
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Anthony Walker plans to invest $28,400 a year at the end of each year for the next seven years in an investment that will pay him a rate of return of 9.8 percent. How much money will Anthony have at the end of seven years

User Deng
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1 Answer

3 votes

Answer:

267,785.95

Step-by-step explanation:

28400 X (1.098)^7 = 267,785.95

User I See Voices
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