Jane [3] Jane, a freshman in college, needs 55000 in 4 years to start studying for an

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Jane [3]

Jane, a freshman in college, needs 55000 in 4 years to start studying for an MBA.

Her investments earn 5% interest per year.

1. How much must she invest today to have that amount at graduation?

2. If she invested once a year for four years beginning today until the end of the 4 years how much must she invest?

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Lectures On Corporate Finance

ISBN: B00RGENH5I

1st Edition

Authors: Peter L Bossaerts ,Bernt Arne Odegaard

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Question Posted: Oct 25, 2024 06:00 AM

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Jane [3] Jane, a freshman in college, needs 55000 in 4 years to start studying for an

Question:

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Lectures On Corporate Finance

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