Question
Don wants to accumulate $55,000 in today's dollar terms in the next 6 years. He expects to earn a return of 6.5% per year and
Don wants to accumulate $55,000 in today's dollar terms in the next 6 years. He expects to earn a return of 6.5% per year and inflation is expected to be 1.5%. How much should be the serial payment in the 2nd year so that Don can achieve the target?
| $8598 | ||
| $8471 | ||
| $6950 | ||
| $8346 |
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Real Estate Finance De Limmobilier
Authors: Thomas, Philippe, Romanet Perroux, Arnaud
1st Edition
2863255991, 9782863255995
