Question
How much should Catherine invest today in order to withdraw $22158.44$22158.44 in exactly 379379 years from now if interest rate is 3.72%3.72% compounded semi-annually? DO
How much should Catherine invest today in order to withdraw $22158.44$22158.44 in exactly 379379 years from now if interest rate is 3.72%3.72% compounded semi-annually?
DO NOT ROUND INTERMEDIATE RESULTS. Report N accurate to at least 6 decimal places. Report PV and FV as positive values to the nearest cent.
| P/Y = C/Y = |
| N = |
| I/Y = |
| PV = $ |
| PMT = $ |
| FV = $ |
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Handbook Of Asset And Liability Management Volume 2
Authors: S. A. Zenios, W. T. Ziemba
1st Edition
0444528024, 978-0444528025
