Question
You are planning to make two equal amount deposits, one now and the other 3 years from now in order to accumulate $300000 ten years
You are planning to make two equal amount deposits, one now and the other 3 years from now in order
to accumulate $300000 ten years
in the future. If the interest rate is 14% per year, compounded
semiannually the size of each deposit is:
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Managerial Economics In A Global Economy
Authors: Dominick Salvatore
9th Edition
0190848251, 9780190848255
