Question
How much would you need to invest now in a ten year account that has an annual interest rate of 6.8% compounded quarterly in order
How much would you need to invest now in a ten year account that has an annual interest rate of 6.8% compounded quarterly in order to have $15,000 in ten years?
(round to the nearest dollar)
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
