You want to have $40,000 set aside in an account to start a new business...
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Accounting
You want to have $40,000 set aside in an account to start a new business in 5 years. You can make 10 percent on your money. How much money would you have to put aside annually to have $40,000 in five years if you have $5,000 now to start with?
this is a TVM problem
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