At a rate of 750 how much must you pay for this investment


You purchase an investment which will pay you $750,000 in 20 years. At a rate of 7.50%, how much must you pay for this investment today (using monthly compounding)?

Solution Preview :

Prepared by a verified Expert
Finance Basics: At a rate of 750 how much must you pay for this investment
Reference No:- TGS02918578

Now Priced at $10 (50% Discount)

Recommended (96%)

Rated (4.8/5)