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15 Charlie Horseshoe invested their $250,000 lottery winnings in a term deposit paying 8% compounded monthly for 10 years. For how long can $3,500 be
15 Charlie Horseshoe invested their $250,000 lottery winnings in a term deposit paying 8% compounded monthly for 10 years. For how long can $3,500 be withdrawn from the account at the end of each month starting at the end of the term deposit? Does your answer make sense? If not, why not
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The Theory And Practice Of Investment Management
Authors: Frank J Fabozzi, Harry M Markowitz
2nd Edition
0470929901, 9780470929902
