Question
You figure that the total cost of university will be $95 000 per year 18 years from now. If your discount rate is 5% coumpounded
You figure that the total cost of university will be $95 000 per year 18 years from now. If your discount rate is 5% coumpounded annually, what is the present value of three years of university costs starting 18 years from today?
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Survey Of Economics, Principles, Applications, And Tools
Authors: Arthur O'Sullivan, Steven M. Sheffrin, Stephen J. Perez
5th Edition
0132556073, 978-0132556071
