What amount would have to be invested today for the future value to be $10,000 after 20
Question:
What amount would have to be invested today for the future value to be $10,000 after 20 years if the rate of return is
a. 4% compounded quarterly?
b. 6% compounded quarterly?
c. 8% compounded quarterly?
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Related Book For
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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