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tetleyelmo tetleyelmo
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Posts: 662
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7 years ago
You want to have $55,230 at the end of seven years. How much do you have to invest today to accumulate that total if you can earn 14% compounded annually?
A) $22,071.97
B) $19,361.38
C) $20,763.00
D) $22,092.00
E) $22,074.34
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
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BlimpBlimp
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Posts: 499
7 years ago
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Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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tetleyelmo Author
wrote...

7 years ago
Good timing, thanks!
wrote...

Yesterday
Smart ... Thanks!
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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