Question
A company wants to have $260,000 available in 4 12 years for new construction. How much must be deposited at the beginning of each quarter
A company wants to have $260,000 available in
4
12years
for new construction. How much must be deposited at the beginning of each quarter (in $) to reach this goal if the investment earns 10.2% compounded quarterly?
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Business Forecasting
Authors: John E. Hanke, Dean Wichern
9th edition
132301202, 978-0132301206
