Question
Your goal is to have $20,000 in your bank account by the end of four years. If the interest rate ramians constant at 6% and
Your goal is to have $20,000 in your bank account by the end of four years. If the interest rate ramians constant at 6% and you want to make annual identical deposits, how much will you need to deposit in your account at the end of each year to reach your goal?
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Equity Valuation And Portfolio Management
Authors: Frank J. Fabozzi, Harry M. Markowitz
1st Edition
047092991X, 9780470929919
