Question
how much money do you have to deposit each quarter to ensure you will have enough when she starts university? FV=PV*[(1+r)^t/r]-1 131796.2285=PV*[(1+0.01541945)^56/0.01541945]-1 131796.2285=PV*[(1+0.01541945)^56/0.01541945]-1
how much money do you have to deposit each quarter to ensure you will have enough when she starts university?
FV=PV*[(1+r)^t/r]-1
131796.2285=PV*[(1+0.01541945)^56/0.01541945]-1
131796.2285=PV*[(1+0.01541945)^56/0.01541945]-1
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The Economics Of Money Banking And Finance
Authors: Peter Howells, Keith Bain
4th Edition
0273710397, 978-0273710394
