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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1518 |
Essay's paper body
The Maintenance Fund will consist of principal that generates a return (interest) that provides seven years of annuity payments of $8,600. 04. So we use a FVIFA (Future Value Interest Factor for Annuity) table found in the text book to compute FVA.
We are not given a key bit of information to get the interest rate needed...
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04. So we use a FVIFA (Future Value Interest Factor for Annuity) table found in the text book to compute FVA.
We are not given a key bit of information to get the interest rate needed. We were told that the return has historically exceeded the inflation rate by 3%. We were not told the inflation rate...
Essay fragment
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