Info
Warning
Danger
/ Homework Answers / Finance / You have a goal of having $230,000 three years from

Question : You have a goal of having $230,000 three years from

You have a goal of having $230,000 three years from today The return on the investment is expected to be 12% and will be compounded semi annuity. The amount that needs to be invested today is closest to (FV of $1. PV of $1. FVA of $1, and PVA of $1 (Use appropriate factor(s) from the tables provided) $162, 150 $153, 333 $15,000 $162, 850.

Solution
5 (1 Ratings )

Solved
Finance 5 Months Ago 38 Views
This Question has Been Answered!
Premium Content -

Unlimited Access

Explore More than 2 Million+
  • Textbook Solutions
  • Flashcards
  • Homework Answers
  • Documents
Signup for Better Grades!

Ask an Expert

Our Experts can answer your tough homework and study questions
218863 Finance Questions Answered!
Post a Question