Busıness Fınance I Deneme Sınavı Sorusu #1270551

You would like to accumulate some amount of money at the time you retire by investing equal amounts of money at the end of each month for some years. Earning some fixed interest rate during the period, you wonder how much you should save each month to achive your target amount of money in the future. In this case, you must compute ......


the future value of thethe annuity

the present value of the annuity

the payment of the annuity 

the future value of some present value 

the present value of some future value 


Yanıt Açıklaması:

The equal installments that should be invested each month refers to the payment of the annuity

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