you want 750000 to upgrade your store in 8 years, Financial Econometrics

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you want 750000 to upgrade your store in 8 years

You want $750,000 to upgrade your store in 8 years. The treasurer wants to make equal payments at the end of each year into a fund for the purpose of accumulating this amount. If the fund can earn an effective annual return of 5 percent, how much must the company invest at the end of each year?

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Financial Econometrics: you want 750000 to upgrade your store in 8 years

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Financial Econometrics: you want 750000 to upgrade your store in 8 years

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