Egular payments of 1400 are to be made annually how many, Accounting Basics

Egular payments of 1400 are to be made annually how many

Problem

Regular payments of $1400 are to be made annually, starting at the end of the first year. These amounts will be invested at 6 percent compounded continuously. How many years will be needed for the payments plus interest Vo accumulate to $24,000?

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Accounting Basics: Egular payments of 1400 are to be made annually how many

Reference No:- TGS02764998

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