A = P(1+r)^t
plug in your numbers and solve for P
If a person wishes to receive 1000 1
CCU at the end of fifteen years at a
return of 6.0% per annum
compounded, he will have to save
CCU today.
1 answer
CCU at the end of fifteen years at a
return of 6.0% per annum
compounded, he will have to save
CCU today.
1 answer