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Tamera Watson is saving for her daughter's college education. She wants to have $55,000 available when her daughter graduates from high school in four years.
Tamera Watson is saving for her daughter's college education. She wants to have $55,000 available when her daughter graduates from high school in four years. If the investment she is considering will pay 7.12 percent compounded monthly, how much will she have to invest today to reach her target? (Round to the nearest dolla
Tamera Watson is saving for her daughter's college education. She wants to have $55,000 available when her daughter graduates from high school in four years. If the investment she is considering will pay 7.12 percent compounded monthly, how much will she have to invest today to reach her target? (Round to the nearest dolla
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Fundamentals of Corporate Finance
Authors: Richard Brealey, Stewart Myers, Alan Marcus, Devashis Mitra, Elizabeth Maynes, William Lim
6th Canadian edition
978-1259024962
