Question
To fund your dream around-the-world vacation, you plan to save $1,625 per year for the next 15 years starting one year from now. If you
To fund your dream around-the-world vacation, you plan to save $1,625 per year for the next 15 years starting one year from now. If you can earn an interest rate of 6.61 percent, how much will you have saved for your vacation?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
