Question
As a graduation present, you decide to pay for 8 months of your childs rent, starting in 6 months. Each months rent is $760. If
As a graduation present, you decide to pay for 8 months of your childs rent, starting in 6 months. Each months rent is $760. If your investments earn 4.21% APR (compounded monthly), how much would you have to invest today to exactly pay for the rent?
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Financial Reporting Financial Statement Analysis And Valuation
Authors: James M Wahlen, Stephen P Baginskl, Mark T Bradshaw
10th Edition
0357722094, 978-0357722091
