7 - When you estimate that you can buy a house for 1,000,000 TL in 10 years, if you accept that the interest rate is 25% and will not change; Approximately how much money do you need to deposit in the bank annually? (The future value of annuities will be calculated with the formula.) a) 78,898 TL B) 65,778 TL NS) 40,345 TL D) 30,073 TL TO) 76,778 TL
7 - When you estimate that you can buy a house for 1,000,000 TL in 10 years, if you accept that the interest rate is 25% and will not change; Approximately how much money do you need to deposit in the bank annually? (The future value of annuities will be calculated with the formula.) a) 78,898 TL B) 65,778 TL NS) 40,345 TL D) 30,073 TL TO) 76,778 TL
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 3PB: Use the tables in Appendix B to answer the following questions. A. If you would like to accumulate...
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When you estimate that you can buy a house for 1,000,000 TL in 10 years, if you accept that the interest rate is 25% and will not change; Approximately how much money do you need to deposit in the bank annually? (The future value of annuities will be calculated with the formula.)
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