You want to save some money in a bank with the expectation of receiving $50,000 in 5

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You want to save some money in a bank with the expectation of receiving $50,000 in 5 years. One bank has proposed a monthly compounding rate of 9.5%. How much money do you need to deposit in the bank today?

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Practical financial management

ISBN: 978-0324422634

5th Edition

Authors: William r. Lasher

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Posted Date: Mar 07, 2023 07:30 AM

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You want to save some money in a bank with the expectation of receiving $50,000 in 5

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Practical financial management

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