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Assume that 4 years from now will need $1,000. Your bank compounds interest 8% annual rate. a. How much must you deposit 1 year from
Assume that 4 years from now will need $1,000. Your bank compounds interest 8% annual rate. a. How much must you deposit 1 year from now to have a balance of $1,000 at year 4? b. ?...
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
5th edition
1285425758, 978-1305333468, 1305333462, 978-1285425757
