Question
You have become bored with your job, you decide to start your own business. A new business takes money, so you start a 5-year plan.
You have become bored with your job, you decide to start your own business. A new business takes money, so you start a 5-year plan. At an interest rate of 6 percent per year, how much must you invest each month to have $50,000 in your new business fund in 5 years?
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The Risk Modeling Evaluation Handbook Rethinking Financial Risk Management Methodologies In The Global Capital Markets
Authors: Greg Gregoriou, Christian Hoppe, Carsten Wehn
1st Edition
0071663703, 978-0071663700
