Mickey is planning to save 50000 per quarter for 10 years


Mickey is planning to save $50,000 per quarter for 10 years. Savings will earn interest at an (nominal) interest rate of 12% per annum. Calculate the present value for this annuity if interest is compounded semi-annually.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Mickey is planning to save 50000 per quarter for 10 years
Reference No:- TGS01418200

Expected delivery within 24 Hours