Question
Using Excel You plan to deposit a sum of money in your investment account. The stated interest rate you plan to earn is 6.50 percent,
Using Excel
You plan to deposit a sum of money in your investment account. The stated interest rate you plan to earn is 6.50 percent, compounded daily. How much must you invest today if you want your investment account to be worth $6,602 in 17 years?
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Valuation Measuring And Managing The Value Of Companies
Authors: McKinsey & Company Inc., Tom Copeland, Tim Koller, Jack Murrin
3rd Edition
0471361909, 978-0471361909
