Question
You plan to lease a sports car 6 months from now. You will make monthly lease payments in months 6 to 72. Each lease payment
You plan to lease a sports car 6 months from now. You will make monthly lease payments in months 6 to 72. Each lease payment is equal to $5,000 per month. How much would you have to invest today to exactly fund this lease if your investments earn 7.00% APR (compounded monthly)?
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Health Care Finance And The Mechanics Of Insurance And Reimbursement
Authors: Michael K. Harrington
2nd Edition
1284169030, 978-1284169034
