Question
You will require $600 in 4 years. If you earn 3% interest on your funds, how much will you need to invest today in order
You will require $600 in 4 years. If you earn 3% interest on your funds, how much will you need to invest today in order to reach your savings goal? (Do not round intermediate calculations. Round your answer to 2 decimal places.) |
| Present value | $ |
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Investments An Introduction
Authors: Herbert B. Mayo
12th edition
1305638417, 978-1337430937, 1337430935, 978-1305638419
