Asked by Beth

Jason's opportunity cost rate is 8 percent compounded annually. How much must he deposit in an account today if he wants to receive $5,400 at the end of each of the next 10 years? Use a financial calculator to determine the amount to be deposited today.​
Answered by Reed
Do you have a financial calculator? Do you know how to use it? I don't have one, so can't do it for you.
Answered by ben
no
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