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Jude Wants to Receive $1,100 at the Beginning of Each

question 21

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Jude wants to receive $1,100 at the beginning of each of the next eight years. If his opportunity cost rate is 9 percent compounded annually, how much must he deposit in an account today? Use a financial calculator to make the calculation. 


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Collections of photographs organized in a book or digital format for easy viewing and preservation.

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