Question
If you wish to accumulate $117,000 in 10 years, how much must you deposit today in an account that pays a quoted annual interest rate
If you wish to accumulate $117,000 in 10 years, how much must you deposit today in an account that pays a quoted annual interest rate of 15% with weekly compounding of interest?
| $28,920.61 | |
| $26,162.66 | |
| $38,464.41 | |
| $23,834.18 | |
| $48,008.21 |
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The New Public Finance
Authors: Inge Kaul, Pedro Condeicao
1st Edition
0195179978, 978-0195179972
