Question
A savings plan requires 48 deposits of $553 per month commencing today. If the interest rate is 14.0% p.a compounding monthly, the value of the
A savings plan requires 48 deposits of $553 per month commencing today. If the interest rate is 14.0% p.a compounding monthly, the value of the investment plan in exactly 4 years from today will be closest to:
a. $35725.32
b. $35313.33
c. $3102.39
d. $2721.39
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Principles Of Project Finance
Authors: E. R. Yescombe
2nd Edition
0123910587, 9780123910585
