Question
If you want to have $18,950 in 7 years and 6 months, how much should you deposit today in an investment fund that is earning
If you want to have $18,950 in 7 years and 6 months, how much should you deposit today in an investment fund that is earning interest at a rate of 2.6% compounded monthly? Show all calculator entries in the spaces provided and then write your final answer at the bottom.
N =
I/Y =
PV =
PMT =
FV =
P/Y =
C/Y =
You should invest $ today.
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Handbook Of The Fundamentals Of Financial Decision Making
Authors: Leonard C MacLean, William T Ziemba
1st Edition
9814417343, 978-9814417341
