How much money would you need to start with, in order to generate $534 per year for
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How much money would you need to start with, in order to generate $534 per year for 6 years if you earn 6% on your money? (Assuming there is no money left at the end of 6 years). Answer in dollars and cents, rounded to the nearest cent. Do not round intermediate calculations.
Related Book For
Fundamentals of corporate finance
ISBN: 978-0073382395
9th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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