Suppose the payment are only $16,000 each, but they are made every six months, starting six months
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Question:
Suppose the payment are only $16,000 each, but they are made every six months, starting six months from now. what would be the future value if the ten payments were invested at 10.0 percent annual interest? if they were invested at BankSouth at 10.0 percent compounded semiannually?
Related Book For
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
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