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    ANDREADARTIS's Avatar
    ANDREADARTIS Posts: 1, Reputation: 1
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    #1

    Mar 13, 2010, 03:43 PM
    Lee invests $300,000 today and plans to make 9 equal annual investments into the fund
    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's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Mar 14, 2010, 01:33 AM

    Please see the guidelines for posting homework:
    https://www.askmehelpdesk.com/financ...-b-u-font.html
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