What amount has to deposit in bank for yearly interest rate
A student needs Rs 200,000 after 5 year for his study. What amount he has to deposit in a bank today so that he will have Rs 200,000 after 5 years if bank offers yearly 6% interest rate compounded semi-annually.
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What amount he has to deposit in a bank today so that he will have Rs 200,000 after 5 years if bank offers yearly 6% interest rate compounded semi-annually.
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Can someone please answer this problem for me? its from kieso weygandt and warfield Intermediate Accounting 14th edition problem .Garcia Home Improvement Company installs replacement siding.
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