Question
Suppose you are committed to owning a $182678 Ferrari. If you believe your mutual fund can achieve a 11.4 percent annual rate of return and
Suppose you are committed to owning a $182678 Ferrari. If you believe your mutual fund can achieve a 11.4 percent annual rate of return and you want to buy the car in 9 years, how much must you invest today? (Round time value factors to 6 decimal places and final answer to the nearest dollar amount)
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The Complete Guide To Operational Auditing 1995 Supplement
Authors: Harry R. Reider
1st Edition
0471102547, 978-0471102540
