Question
Your grandmom wishes to create a account that would start donating $19,600 per year to a hospital for an indefinite period of time beginning today.
Your grandmom wishes to create a account that would start donating $19,600 per year to a hospital for an indefinite period of time beginning today. If the interest rate is 5.90% , how much does she need to put in that account?
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Millon Cornett
9th edition
1259717771, 1259717772, 9781260048186, 1260048187, 978-1259717772
