Question
We Pay Insurance Co. will pay you $1,200 each quarter for 28 years. You want to earn a minimum interest rate of .89 percent per
We Pay Insurance Co. will pay you $1,200 each quarter for 28 years. You want to earn a minimum interest rate of .89 percent per quarter. What is the most you are willing to pay today for these payments?
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
3rd Canadian Edition
978-0133035575, 133035573, 978-0133970524, 133970523, 978-0134040042
