Question 2 A father deposited unknown lump-sum amounts into an investment opportunity per year starting 8 years ago that is large enough to withdraw Rs. 10,00,000 per year for. his daughter's/son's tuition fee for 5 years starting 4 years from now. If the ROR is 14% per vear, construct the cash flow diagram and calculate the annual amount deposited
Question 2 A father deposited unknown lump-sum amounts into an investment opportunity per year starting 8 years ago that is large enough to withdraw Rs. 10,00,000 per year for. his daughter's/son's tuition fee for 5 years starting 4 years from now. If the ROR is 14% per vear, construct the cash flow diagram and calculate the annual amount deposited
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question 2
A father deposited unknown lump-sum amounts into an investment opportunity per year starting 8 years ago that is large enough to withdraw Rs. 10,00,000 per year for. his daughter's/son's tuition fee for 5 years starting 4 years from now. If the ROR is 14% per vear, construct the cash flow diagram and calculate the annual amount deposited
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