What equal amounts of money will have to be deposited 5, 8 and 11 years from now, if you want to have $65000 in your account 15 years from now? Use an interest rate of 11% per year. All steps please
What equal amounts of money will have to be deposited 5, 8 and 11 years from now, if you want to have $65000 in your account 15 years from now? Use an interest rate of 11% per year. All steps please
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
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What equal amounts of money will have to be deposited 5, 8 and 11 years from now, if you want to have $65000 in your account 15 years from now? Use an interest rate of 11% per year.
All steps please
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