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General Accounting Discussions: investing

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  1.  
    • CommentAuthormisty12866
    • CommentTimeJan 31st 2010
     
    have question for some homework.
    instead of investing all of 1,000,000 at once. going to invest 300,000 now and plan to make 9 equal annual investments beginning one year from today. what amount should the payments be to establish 1898000 at the establish at the end of 9 years.
    whats the formula i use?
  2.  
    These are very basic level question now plz clear me your question first!

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