FUNDAMENTALS OF FINANCIAL PLANNING
How much does Brian need to deposit today? Answer: PVAD = $12,608. 12. Patty Lovelace has been investing $1,500 at the end of each year for the past 15 years. How much has accumulated assuming she has earned 8.5% compounded annually on her investment? Answer: FVOA = $42,348. SERIAL PAYMENT CALCULATIONS. Inflation is an economic reality. ................
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