You have a goal of having $100,000 five years from today. The return on the investment is

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You have a goal of having $100,000 five years from today. The return on the investment is expected to be 8%and will be compounded semi annually.

What is The amount that needs to be invested today?

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Introduction To Corporate Finance

ISBN: 9781118300763

3rd Edition

Authors: Laurence Booth, Sean Cleary

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Posted Date: Jul 07, 2023 12:24 AM

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You have a goal of having $100,000 five years from today. The return on the investment is

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Future value FV 100000 Number of periods i 52 ... View the full answer

Introduction To Corporate Finance

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