Question
i will invest $500 per quarter for my retirement at 7.3% compounding quarterly for 32 years. i have a choice of making that payment of
i will invest $500 per quarter for my retirement at 7.3% compounding quarterly for 32 years. i have a choice of making that payment of $500 at the beginning of the year or the end of the quarter (regular annuity or annuity due). in which account will i have more money?
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
14th edition
1337090581, 978-1337090582
