You won$100000 in alottery and you want to set some of that sum aside for 10 years.
Fantastic news! We've Found the answer you've been seeking!
Question:
You won$100000 in alottery and you want to set some of that sum aside for 10 years. After 10 years,you would like to receive $2400 at the end of every 3 months for 8 years. How much of your winnings must you set aside if interest is 5.5% compounded quarterly?
Related Book For
Posted Date: