Log in

View Full Version : Lee invests $300,000 today and plans to make 9 equal annual investments into the fund


ANDREADARTIS
Mar 13, 2010, 03:43 PM
Lee invests $300,000 today and plans to make 9 equal annual investments into the fund beginning one year from today. What amount should the payments be if Lee plans to establish the $1,898,000 foundation at the end of 9 years?

morgaine300
Mar 14, 2010, 01:33 AM
Please see the guidelines for posting homework:
https://www.askmehelpdesk.com/finance-accounting/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html