Question
A certain amount was invested on Jan 1, 2020 such that it generated a periodic payment of 21,897.33 at the beginning of each month of
A certain amount was invested on Jan 1, 2020 such that it generated a periodic payment of 21,897.33 at the beginning of each month of the calendar year 2020. The interest rate on the investment was 16 %. How much is the original investment?
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Gapenskis Fundamentals Of Healthcare Finance
Authors: Paula H. Song, Kristin L. Reiter
3rd Edition
1567939759, 978-1567939750
