Question
Pharoah Corp. management will invest $347,000, $608,000, $213,000, $818,400, $1,239,644, and $1,617,848 in research and development over the next six years. If the appropriate interest
Pharoah Corp. management will invest $347,000, $608,000, $213,000, $818,400, $1,239,644, and $1,617,848 in research and development over the next six years. If the appropriate interest rate is 8.55 percent, what is the future value of these investments eight years from today? (Round answer to 2 decimal places, e.g. 15.25. Do not round factor values.)
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Fundamentals Of Futures And Options Markets
Authors: John C. Hull
4th Edition
0130176028, 9780130176028
