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Assume Eric Sanchez saves $62 a month by using coupons and doing comparison shopping a. What is the annual savings amoun
Posted: Wed Jul 06, 2022 6:45 pm
by answerhappygod
- Assume Eric Sanchez Saves 62 A Month By Using Coupons And Doing Comparison Shopping A What Is The Annual Savings Amoun 1 (20.18 KiB) Viewed 16 times
Assume Eric Sanchez saves $62 a month by using coupons and doing comparison shopping a. What is the annual savings amount? b. What would be the future value of this annual amount over 16 years, assuming an interest rate of 6 percent? (Exhibit 1-A. Exhibit 1- B. Exhibit 1-C. Exhibit 1-D) Note: Use appropriate factor(s) from the tables provided. Round time value factor to 3 decimal places and final answers to 2 decimal places. a Annual savings amount b Future value