Question
Find the payment that should be used for the annuity due whose future value is given. Assume that the compounding period is the same as
Find the payment that should be used for the annuity due whose future value is given. Assume that the compounding period is the same as the payment period. $21,000; quarterly payments for 14 years; interest rate 4.7%
What should the payment be?
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Introduction To Finance Financial Management And Investment Management
Authors: Pamela P. Drake, Frank J. Fabozzi, Francesco A. Fabozzi
1st Edition
9811239657, 978-9811239656
