Question
Suppose you deposit $1000 in three payments of $333.333 each on Jan 1 of 2012, 2013, 2014. How much will you have in your account
Suppose you deposit $1000 in three payments of $333.333 each on Jan 1 of 2012, 2013, 2014. How much will you have in your account on Jan 1, 2014 based on 8% annual compounding? How much will be in your account if the three payments begin on Jan 1, 2011?
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Fundamentals Of Futures And Options Markets
Authors: John C. Hull
8th Global Edition
1292155035, 9781292155036
