Question
Today you are opening a savings account and making an initial deposit. If you want to withdraw $10,000 two years from today, $5,000 four years
Today you are opening a savings account and making an initial deposit. If you want to withdraw $10,000 two years from today, $5,000 four years from today, and $4,000 five years from today. If the account pays 3% interest, how much should you deposit now to exactly cover the withdrawals?
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Financial Statement Analysis & Dividend Investing
Authors: Andrew P.C.
1st Edition
1075873940, 978-1075873942
