How much would you have to invest today
Problem: How much would you have to invest today to receive:a. $15,000 in 8 years at 10 percent?
b. $20,000 in 12 years at 13 percent?
c. $6,000 each year for 10 years at 9 percent?
d. $50,000 each year for 50 years at 7 percent?
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How much would you have to invest today to receive: a. $15,000 in 8 years at 10 percent? b. $20,000 in 12 years at 13 percent?
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