Chapter 4: Q10BP-a. (page 282)
How much would you have to invest today to receive a. $15,000 in 8 years at 10 percent?
Short Answer
An investor has to invest $6,997.61 today in order to receive $15,000 in 8 years.
Chapter 4: Q10BP-a. (page 282)
How much would you have to invest today to receive a. $15,000 in 8 years at 10 percent?
An investor has to invest $6,997.61 today in order to receive $15,000 in 8 years.
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