with end of the month contributions of 251.33 a tsfa is expected to pass 90000 in value after 15 years and 5 months. determine the nominal rate and effective rates of return used in the projection. Round to the nearest 0.01. Must show work
with end of the month contributions of 251.33 a tsfa is expected to pass 90000 in value after 15 years and 5 months. determine the nominal rate and effective rates of return used in the projection. Round to the nearest 0.01. Must show work
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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with end of the month contributions of 251.33 a tsfa is expected to pass 90000 in value after 15 years and 5 months. determine the nominal rate and effective
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