finace

Feb 27th, 2014
DotaCN
Category:
Accounting
Price: $5 USD

Question description

A leading financial publication reported that the average baby boomer credit user will pay approximately  $1200.00 in interest annually. If, instead of paying interest, this amount was saved every year, how much would one of these credit users accumulate in atax-deferred account earning 12 percent over 8, 13, or 18 years>

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(Top Tutor) Daniel C.
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School: Cornell University
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