Question
Calculate the amount which must be deposited today for you to correct $ 1000 at the end of every year for the next 10 years
Calculate the amount which must be deposited today for you to correct $ 1000 at the end of every year for the next 10 years , assuming a 14 %rate of return , compounded annually , throughout.
I have the answer but I want to know the steps and why ?
how to calculate annual interest using TBA II Plus
How about compounded Interest ?
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Accounting for Decision Making and Control
Authors: Jerold Zimmerman
9th edition
125956455X, 978-1259564550
