Please help me with the following questions. Calculate the final amount of a 20 year long term savings plan if a payment of $2000 is made at the end of every year. Interest is 8.5% compounded quarterly. What happens to the final value of long term savings plan if a payment is made at the beginning of every year instead of at the end of every year?

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Please help me with the following questions

Finance Aug 03, 2020

Please help me with the following questions.

Calculate the final amount of a 20 year long term savings plan if a payment of $2000 is made at the end of every year. Interest is 8.5% compounded quarterly.

What happens to the final value of long term savings plan if a payment is made at the beginning of every year instead of at the end of every year?

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