Question
on january 1, a woman deposits $5000 in a credit union that pays 8% nominal annual interests, compounded quaterly. She wishes to withdraw all the
on january 1, a woman deposits $5000 in a credit union that pays 8% nominal annual interests, compounded quaterly. She wishes to withdraw all the money in five equal yearly sums, begining december 31 of the first year. How much should she withdraw each year?
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The Oxford Handbook Of Private Equity
Authors: Douglas Cumming
1st Edition
0195391586, 978-0195391589
