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Suppose that you earned a bachelor's degree and now you're teaching high school. The school...

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Accounting

Suppose that you earned a bachelor's degree and now you're teaching high school. The school district offers teachers the opportunity to take a year off to earn a master's degree. To achieve this goal, you deposit $1000 at the end of each year in an annuity that pays 8% compounded annually. a. How much will you have saved at the end of five years? Find the interest. b. Click the icon to view some finance formulas.
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Suppose that you earned a bachelor's degree and now you're teaching high school. The school district offers teachers the opportunity to take a year off to earn a master's degree. To achieve this goal, you deposit $1000 at the end of each year in an annuity that pays 8% compounded annually. a. How much will you have saved at the end of five years? b. Find the interest. Click the icon to view some finance formulas

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