DQ 2.docx - Solution As per the question we have The amount of money for sailboat(A = $200,000 The time of his retirement(t = 10 years The average

DQ 2.docx - Solution As per the question we have The amount...

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Solution,As per the question, we have The amount of money for sailboat (A) = $200,000The time of his retirement (t) = 10 yearsThe average rate (R) = 7%The money in his account until his retirement (P) = ?
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  • Summer '19
  • amount of money

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