Question
If you decide to deposit $470 every year for the next 9 years, with first deposit to be made one year from today and all
If you decide to deposit $470 every year for the next 9 years, with first deposit to be made one year from today and all deposits to be made at the end of each year, in an account that pays 3.95% APR with annual compounding, how much is this account worth in today's dollars?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
