Question
You make a $5,000 payment at end of each year for 4 years into a portfolio. Your portfolio is expected to earn a return of
You make a $5,000 payment at end of each year for 4 years into a portfolio. Your portfolio is expected to earn a return of 8% per year. What is the portfolio value expected to be at the end of the 10th year?
$72,432.8
$31,737.5
$22,530.6
$20,000
$35,753.2
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The Handbook Of Credit Portfolio Management
Authors: Greg Gregoriou, Christian Hoppe
1st Edition
0071598340, 978-0071598347
