Question
11- How much must be deposited now in a bank that pays 12% compounded every month if a monthly equal withdrawal of $2,500 at the
11- How much must be deposited now in a bank that pays 12% compounded every month if a monthly equal withdrawal of $2,500 at the beginning of every month is desired for 2 years?
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Financial Management For Nurse Managers And Executives
Authors: Cheryl Jones, Steven A. Finkler, Christine T. Kovner
4th Edition
1455700886, 9781455700882
