Question
1) calculate the total interest earned. if you save 82 euro each month starting today for 10 more years. if the annual interest rate is
1) calculate the total interest earned. if you save 82 euro each month starting today for 10 more years. if the annual interest rate is 8.4 and interest a compounded on a monthly basis?
2) what is the present value of receiving 165 per month for 13 years starting today. the rate of interest is 2.4% p.a. and interest is calculated on a monthly basis
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
4th edition
978-0073369709, 73369705, 78025370, 978-0077444846, 77444841, 978-0078025372
