Question
What lump sum deposited today at 12% compounded quarterly for 10 years will yield the same final amount as deposits of $7000 at the end
What lump sum deposited today at 12% compounded quarterly for 10 years will yield the same final amount as deposits of $7000 at the end of each6-month period for 10 years at 10% compounded semiannually?
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Fundamentals of Investments, Valuation and Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
8th edition
1259720697, 1259720691, 1260109437, 9781260109436, 978-1259720697
