Question
You are planning to set up a fund, starting today, which reach target of $2,129 after three years. If the nominal rate of 12% is
You are planning to set up a fund, starting today, which reach target of $2,129 after three years. If the nominal rate of 12% is compounded quarterly, how much will you have to contribute each quarter to achieve your goal?
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
10th Edition
053875446X, 978-0538754460
