Question
You figure that the total cost of college will be $101,000 per year 18 years from today. If your discount rate is 4% compounded annually,
You figure that the total cost of college will be $101,000 per year 18 years from today. If your discount rate is 4% compounded annually, what is the present value of four years of college starting 18 years ago from today?
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Governing Global Finance
Authors: Michele Fratianni, Paolo Savona
1st Edition
1138742147, 978-1138742147
