Question
How much money should Megan invest today in a fund that earns interest at 3.54% compounded quarterly, if he wants to receive $6,250 at
How much money should Megan invest today in a fund that earns interest at 3.54% compounded quarterly, if he wants to receive $6,250 at the end of every 6 months for the next 2 years?
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Get StartedRecommended Textbook for
Public Finance
Authors: Harvey Rosen, Ted Gayer
10th edition
9781259716874, 78021685, 1259716872, 978-0078021688
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