Question
You need $88,000 in 9 years. Required: If you can earn .55 percent per month, how much will you have to deposit today? (Enter rounded
| You need $88,000 in 9 years. |
| Required: |
| If you can earn .55 percent per month, how much will you have to deposit today? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) |
| Amount to deposit | $ |
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Contemporary Islamic Finance
Authors: Karen Hunt-Ahmed
1st Edition
1118180909, 978-1118180907
