An environmental trust will pay $73,726 once every 3 years for remediation of a site for an
Fantastic news! We've Found the answer you've been seeking!
Question:
An environmental trust will pay $73,726 once every 3 years for remediation of a site for an indefinitely long period of time. The interest rate is 7% per year. If the project is due to start, and the first payment made, in 3 years, how much money must be invested today? Round to the nearest dollar.
Related Book For
Posted Date: