What amount should you invest now if you want to receive payments of $ 2 , 4

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Question:

What amount should you invest now if you want to receive payments of $

2, 450

at the beginning of each month for ten years with the receipt of the first payment two years from now? Assume that money earns

4.23 %

compounded quarterly.

Posted Date: May 18, 2024 09:09 AM

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What amount should you invest now if you want to receive payments of $ 2 , 4

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