Question
How much should Abigail invest in a fund that will pay 9%, compounded monthly, if she wishes to have $60,000 in the fund at the
How much should Abigail invest in a fund that will pay 9%, compounded monthly, if she wishes to have $60,000 in the fund at the end of 10 years? (Please show the process of solving this problem)
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Entrepreneurial Finance
Authors: Chris LeachJ LeachRonald Melicher
3rd Edition
0324561253, 9780324561258
