Question 1 of 7 How much would a business have to invest in a fund to receive $23,000 at the end of every month for 6 ye

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Question 1 of 7 How much would a business have to invest in a fund to receive $23,000 at the end of every month for 6 ye

Post by answerhappygod »

Question 1 Of 7 How Much Would A Business Have To Invest In A Fund To Receive 23 000 At The End Of Every Month For 6 Ye 1
Question 1 Of 7 How Much Would A Business Have To Invest In A Fund To Receive 23 000 At The End Of Every Month For 6 Ye 1 (32.02 KiB) Viewed 68 times
Question 1 of 7 How much would a business have to invest in a fund to receive $23,000 at the end of every month for 6 years? The fund has an interest rate of 5.25% compounded monthly and the first withdrawal is to be made in 4 years and 1 month. Round to the nearest cent
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply