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You plan to deposit $200 in 1 year, $100 in 2 years, and $300 in 3 years. The interest rate is 5% per year. a)
- You plan to deposit $200 in 1 year, $100 in 2 years, and $300 in 3 years. The interest rate is 5% per year. a) How much will you have in 3 years? b) What (single) amount do you need to deposit today so as to have the amount (in 3 Years) that you calculated in part a)?
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Principles Of Finance With Excel
Authors: Simon Benninga, Tal Mofkadi
3rd Edition
0190296380, 9780190296384
