Question
How much would a business have to invest in a high-growth fund to receive $10,000 every month for 5 years, receiving the first payment 2
How much would a business have to invest in a high-growth fund to receive $10,000 every month for 5 years, receiving the first payment 2 years from now? The investment earns interest at 6.50% compounded monthly.
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Construction Accounting And Financial Management
Authors: Steven J. Peterson
1st Edition
0131109391, 978-0131109391
