Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Connie wants to have an annuity payment of $2,150 at the END of every three months. How much should she deposit now at 12% interest, compounded quarterly, to yield this payment for 4 years? (Use Table 12-2 in your text.)
$21,401.10$27,006.37 $27,816.57$31,986.56
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