You are offered the opportunity to put some money away for retirement. You will receive ten annual payments of $45,000 each beginning in 40 years.
You are offered the opportunity to put some money away for retirement. You will receive ten annual payments of $45,000 each beginning in 40 years. How much would you be willing to invest today if you require an annual average return of 9%?
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Authors: Philip Mader, Daniel Mertens, Natascha Van Der Zwan
1st Edition
1138308218, 978-1138308213
