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Use the Following 8% Interest Factors for Questions

question 51

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Use the following 8% interest factors for questions . Use the following 8% interest factors for questions .   -What will be the balance on September 1, 2018 in a fund which is accumulated by making $8,000 annual deposits each September 1 beginning in 2011, with the last deposit being made on September 1, 2018? The fund pays interest at 8% compounded annually. A) $85,093 B) $71,383 C) $60,480 D) $45,973
-What will be the balance on September 1, 2018 in a fund which is accumulated by making $8,000 annual deposits each September 1 beginning in 2011, with the last deposit being made on September 1, 2018? The fund pays interest at 8% compounded annually.


Definitions:

Quantity Supplied

Refers to the amount of a good or service that producers are willing and able to sell at a given price during a specific period.

Quantity Demanded

The amount of a good that buyers are willing and able to purchase at a specific price.

Quantity Demanded

The overall volume of a commodity or service that consumers are ready and able to buy at a certain price within a market.

Quantity Supplied

The amount of a good or service that producers are willing and able to sell at a given price over a specific period of time.

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