The Cooper Foundation contributes $50,000 per year into an annuity fund for building a new zoo. The fund earns 4.5% interest. Find the amount in the fund at the end of 20 years. (Round your final answer to two decimal places.) $ X
The Cooper Foundation contributes $50,000 per year into an annuity fund for building a new zoo. The fund earns 4.5% interest. Find the amount in the fund at the end of 20 years. (Round your final answer to two decimal places.) $ X
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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![The Cooper Foundation contributes $50,000 per year into an annuity fund for building a new zoo. The fund earns 4.5%
interest. Find the amount in the fund at the end of 20 years. (Round your final answer to two decimal places.)
$](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F27c44973-b695-4838-95b3-ee2a1d975c6e%2Fd5dcb868-4d5a-4382-b36d-fc0b387bf4d2%2F9q1hc3_processed.png&w=3840&q=75)
Transcribed Image Text:The Cooper Foundation contributes $50,000 per year into an annuity fund for building a new zoo. The fund earns 4.5%
interest. Find the amount in the fund at the end of 20 years. (Round your final answer to two decimal places.)
$
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