Question
What amount, invested today at 5% compounded quarterly, will support perpetual monthly payments of $800? The first payment will be made one month from now.
What amount, invested today at 5% compounded quarterly, will support perpetual monthly payments of $800? The first payment will be made one month from now. A) $116,327 B $192,798 C) $160,000 D) $63,997 E) $322,700
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Personal Finance That Works For You How To Build Wealth Design Your Future And Make Money While You Sleep
Authors: Matthew Kent
1st Edition
1983092851, 9781983092855
