Question:a
woman would like to leave 10000 a year, starting 1 year from now to
be...
Question
a
woman would like to leave 10000 a year, starting 1 year from now to
be...
a
woman would like to leave 10000 a year, starting 1 year from now to
be devided equally among her descendants. she puts no limit on this
bequeathment and is able to invest for this longterm outlay of
funds.
how much must she invest now to meat such a longterm
commitment if she is able to invest for this longterm outlay of
funds at 2.5% copmounded annually?
how much must she invest now to meat such a longterm
commitment if she is able to invest for this longterm outlay of
funds at 2.5% copmounded semi annually?