Question
You plan to spend a semester abroad in France. You will live in France for 8 months starting 12 months from now. Each month in
You plan to spend a semester abroad in France. You will live in France for 8 months starting 12 months from now. Each month in France will cost you $6,489 How much must you invest each month, for 4 months, starting next month to exactly pay for your trip if your investments earn 3.36% APR (compounded monthly)?
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Applied International Finance
Authors: Thomas J O'Brien
1st Edition
1606497340, 9781606497340
