Question
Shu Gonneville plans to get a divorce in 14 years and will need another $257,020.00 before they can do so. Given an interest rate of
Shu Gonneville plans to get a divorce in 14 years and will need another $257,020.00 before they can do so. Given an interest rate of 5.00% compounded semi-annually, how much money do they need to set aside today?
| a. $216,221.99 | ||
| b. $233,124.72 | ||
| c. $128,735.61 | ||
| d. $129,812.57 |
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The Complete Guide To Capital Markets For Quantitative Professionals
Authors: Alex Kuznetsov
1st Edition
0071468293, 978-0071468299
