Question
Hi I need help finding the formula for the below question. What is the accumulated sum of the following stream of payments? $945 every year
Hi I need help finding the formula for the below question.
What is the accumulated sum of the following stream of payments? $945 every year at the beginning of the year for 7 years, at 5.82 percent, compounded annually.
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Financial Markets and Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
5th edition
321280299, 321280296, 978-0321280299
