Fishbone corporation wants to withdraw 127900 including


Fishbone Corporation wants to withdraw $127,900 (including principal) from an investment fund at the end of each year for 10 years. What should be the required initial investment at the beginning of the first year if the fund earns 11%?

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Financial Accounting: Fishbone corporation wants to withdraw 127900 including
Reference No:- TGS01150024

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