Question
*what is the fv of 20,000 received today if its placed in an account that pays 6 percent per year with monthly compounding *rate of
*what is the fv of 20,000 received today if its placed in an account that pays 6 percent per year with monthly compounding
*rate of return
n=5 years
i=?
pv= 1000
fv=1100.05
pmt=80
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Corporate Finance Core Principles and Applications
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
3rd edition
978-0077971304, 77971302, 978-0073530680, 73530689, 978-0071221160, 71221166, 978-0077905200
