Question
Rita plans to save $1,500, $1,500, and $2,500 a year over the next 3 years, respectively. How much would you need to deposit in one
Rita plans to save $1,500, $1,500, and $2,500 a year over the next 3 years, respectively. How much would you need to deposit in one lump sum today to have the same amount as Rita 3 years from now if you both earn 3.5 percent, compounded annually?
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Airline Finance
Authors: Peter S. Morrell
3rd Edition
0815387520, 9780815387527
