How much would a business have to invest in a high growth fund to receive $21,000 at the end of every month for 6 years, receiving the first payment 4 years from now The investment has an interest rate of 6 50 compounded monthly ...

Answer 96392124 Explanation Compute the present value at 4 ...

How much would a business have to invest in a high-growth fund to receive $21,000 at the

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How much would a business have to invest in a high-growth fund to receive $21,000 at the end of every month for 6 years, receiving the first payment 4 years from now. The investment has an interest rate of 6.50% compounded monthly.

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Financial Accounting in an Economic Context

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8th Edition

Authors: Jamie Pratt

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Posted Date: Apr 19, 2020 07:02 PM

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Financial Accounting in an Economic Context

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