Question
A company will need $65, 000 in 6 years for a new addition. To meet this goal, the company deposits money in an account today
A company will need $65, 000 in 6 years for a new addition. To meet this goal, the company deposits money in an account today that pays 3% annual interest compounded quarterly. Find the amount that should be invested to total $65, 000 in 6 years.
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An Introduction to Measure Theoretic Probability
Authors: George G. Roussas
2nd edition
128000422, 978-0128000427
