Question
Rocco grump wants to buy a new car in 4 years. he knows that he can earn 10% interest compounded semi annually. How much must
Rocco grump wants to buy a new car in 4 years. he knows that he can earn 10% interest compounded semi annually. How much must he deposit now in order to have $26,000 at the end of 4 years? use table PV-1
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Financial Accounting
Authors: Robert K. Eskew, Daniel L. Jensen
5th Edition
0070213550, 978-0070213555
