Calculating Annuity Values You want to have DKr450,000 in your savings account 10 years from now, and
Question:
Calculating Annuity Values You want to have DKr450,000 in your savings account 10 years from now, and you’re prepared to make equal annual deposits into the account at the end of the year. If the account pays 7 per cent interest, what must you deposit each year?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780077178239
3rd Edition
Authors: David Hillier, Iain Clacher, Stephen A. Ross
Question Posted: