Question
What annual interest rate would you need to earn if you wanted a $1,750 per month contribution starting 1 month from today to grow to
What annual interest rate would you need to earn if you wanted a $1,750 per month contribution starting 1 month from today to grow to $261,000 in 8 years (Assume monthly compounding and that you are starting with no savings)?"
| 6.97% | ||
| 9.19% | ||
| 10.17% | ||
| 10.66% | ||
| 10.71% | ||
| 10.45% | ||
| 6.15% |
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Term Structure Models A Graduate Course
Authors: Damir Filipovic
2009th Edition
364226915X, 978-3642269158
