Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Finance (https://www.askmehelpdesk.com/forumdisplay.php?f=125)
-   -   Corporate Finance TVM problem (https://www.askmehelpdesk.com/showthread.php?t=556951)

  • Feb 22, 2011, 05:16 PM
    Patweetytaw
    Corporate Finance TVM problem
    You want to buy a car 5 years from now, and you can save $3,100 per year, beginning one year from today. You plan to deposit the funds in a mutual fund which you expect to return 8.5% per year. Under these condisitons, how much will you have just after you make the 5th deposit, 5 years from now.

  • All times are GMT -7. The time now is 01:29 PM.