Question
If you save $3,000 at the beginning of each year starting today, for the next 40 years into a savings account that pays 9% compounded
If you save $3,000 at the beginning of each year starting today, for the next 40 years into a savings account that pays 9% compounded quarterly, how much money would be in the account in 40 years?
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Fundamentals of Corporate Finance
Authors: Richard Brealey, Stewart Myers, Alan Marcus
8th edition
77861620, 978-0077861629
