Question
Dr. J. wants to buy a Dell computer which will cost $3,200 six years from today. He would like to set aside an equal amount
Dr. J. wants to buy a Dell computer which will cost $3,200 six years from today. He would like to set aside an equal amount at the end of each year in order to accumulate the amount needed. He can earn 9% annual return.
A) 400.36 B)425.36 C)475.36 D)525.36
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Forecasting Principles And Practice
Authors: Rob J Hyndman, George Athanasopoulos
3rd Edition
0987507133, 978-0987507136
