Question
You have your choice of two investment accounts. Investment A is a 6-year annuity that features end-of-month $1,980 payments and has an APR of 7
You have your choice of two investment accounts. Investment A is a 6-year annuity that features end-of-month $1,980 payments and has an APR of 7 percent compounded monthly. Investment B is an annually compounded lump-sum investment with an APR of 9 percent, also good for 6 years. How much money would you need to invest in B today for it to be worth as much as Investment A 6 years from now?
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Day Trading For Beginners 7 Steps To Earning $2 000 Per Month Day Trading In Less Than 20 Hours A Week
Authors: David Princeton
1st Edition
1511541202, 978-1511541206
