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.
2 answers
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.
no
1 answer