Mathematics
Mathematics, 06.05.2021 20:30, raam360

Tyler is saving money and plans on making annual contributions into an account earning an annual interest rate of 8.4% compounded annually. If Tyler would like to end up with $181,000 after 13 years, how much does he need to contribute to the account every year, to the nearest dollar? Use the following formula to determine your answer.

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Answers: 3

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