Ask Experts Questions for FREE Help !
Ask
    sanj3906's Avatar
    sanj3906 Posts: 1, Reputation: 1
    New Member
     
    #1

    Apr 11, 2013, 07:04 PM
    Investment decision
    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?

Check out some similar questions!

Replace a machine - investment decision [ 0 Answers ]

As the finance manager one year ago you made a recommendation to the managing director that the company should purchase an advanced electronic device for £17,000 expecting it to have a productive life of four years and then to have a scrap value of £1,000. It has been depreciated on the usual...

Strategic investment decision [ 1 Answers ]

Why strategic investment decision are both important and difficult?


View more questions Search
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.