Question
You plan to withdraw $500 quarterly from an account at the beggining of each quarter for the next 8 years. If the account pays 7.75%
You plan to withdraw $500 quarterly from an account at the beggining of each quarter for the next 8 years. If the account pays 7.75% annually, what must you deposit in the account today? A=11841.45 B=12070.88 C=21882.26 D=23306.23 What is the correct choice ?
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Construction accounting and financial management
Authors: Steven j. Peterson
2nd Edition
135017114, 978-0135017111
