John Wick needs to have $47,000 in 7 years. If he plans to start investing next month,

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John Wick needs to have $47,000 in 7 years. If he plans to start investing next month, what is the amount that he will have to invest every month for the next 7 years ? John can earn 6.4 per cent per annum nominal on any investment.

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Posted Date: Mar 12, 2024 03:31 AM

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John Wick needs to have $47,000 in 7 years. If he plans to start investing next month,

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Absolutely I can help you with that John needs to invest 2808 per month to rea... View the full answer

Fundamentals of corporate finance

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