Question
Make sure you round all answers to four decimal points. Problem: You need $10,000 in four years to go on an awesome vacation you have
Make sure you round all answers to four decimal points.
Problem: You need $10,000 in four years to go on an awesome vacation you have planned. Similar investments earn 6% interest compounded annually, and you have already saved $1,500 towards your goal. How much must you save each year for the next four years to achieve your goal?
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
10th edition
77861671, 978-0077861674
