Question
If you wish to have $8000 in a saving account at the end of six years, and 5% compound interest will be paid annually, how
If you wish to have $8000 in a saving account at the end of six years, and 5% compound interest will be paid annually, how much should you put into the saving account now ?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
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