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5-7 Time Value: You can deposit $10,000 into an account paying 9% annual interest either today or exactly 10 years from today.

5-7 Time Value:

You can deposit $10,000 into an account paying 9% annual interest either today or exactly 10 years from today. How much better off will you be at the end of 40 years if you decide to make the initial deposit today rather than 10 years from today?
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Finance-8231400.doc

Question:
5-7 Time Value:
You can deposit $10,000 into an account paying 9% annual interest either today or exactly 10
years from today. How much better off will you be at the end of 40 years if...

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