Question
Karen wants to have $25983 in her investment account in 8 years. If her bank offers an annual compound interest rate of 1.8% with monthly
Karen wants to have $25983 in her investment account in 8 years. If her bank offers an annual compound interest rate of 1.8% with monthly compounding, how much should she deposit today?
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Financial Informatics An Information Based Approach To Asset Pricing
Authors: Dorje C Brody, Lane Palmer Hughston, Andrea Macrina
1st Edition
9811246483, 978-9811246487
