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What amount must be deposited into a bank account today so that an amount of R683133.22 will be in the account in exactly 4 years
What amount must be deposited into a bank account today so that an amount of R683133.22 will be in the account in exactly 4 years if the account earns interest at a rate of 16.18% p.a. compounded 8 times per year? (Give your answer rounded to 2 decimal places. If you think the answer is R1012.3456, type in 1012.35) LAL
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The Theory And Practice Of Investment Management
Authors: Frank J Fabozzi, Harry M Markowitz
2nd Edition
0470929901, 9780470929902
