You are now 20 years old. In 27 years, you hope to beable to buy a small investment property currently worth $ 12,000,but expected to appreciate at the rate of 0% per year. You plan tomake equal quarterly payments and the bank if offering you 7.35% onyour

匿名用户 最后更新于 2021-11-29 14:53 金融Finance

You are now 20 years old. In 27 years, you hope to beable to buy a small investment property currently worth $ 12,000,but expected to appreciate at the rate of 0% per year. You plan tomake equal quarterly payments and the bank if offering you 7.35% onyour investment. How much should you invest every quarter to beable to purchase the property?

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