Question
I need to have $66,000 saved in 8 years so that I can buy a house.How much do I need to invest (to the nearest
I need to have $66,000 saved in 8 years so that I can buy a house.How much do I need to invest (to the nearest dollar) today if the appropriate interest rate is 4.2% per annum compounded semi-annually?
a.$47330
b.$47248
c.$47490
d.$2469
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Arshad Ahmad, Jordan Fortino
6th Canadian edition
1259453146, 978-1259453144
