Question
You wish to buy a hunting cabin for $166,000, using an account that currently has $88,000 in it. If the account earns 7.38 percent annual
You wish to buy a hunting cabin for $166,000, using an account that currently has $88,000 in it. If the account earns 7.38 percent annual interest, compounding monthly, how many years do you have to wait to buy your cabin?
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
16th Edition
0357517571, 978-0357517574
