Fin Mgt Time value of money

Kevin plans to save for his 4-year school, which starts 6 years from now. Kevin will need to make the first payment 6 years from today. He identifies a savings plan that allows his to earn an interest of 8 percent annually. The current annual expenditure is $7,200 and it is expected to grow by … Read More

Open chat
If you need further assistance, please send us a text here