Busıness Fınance I Deneme Sınavı Sorusu #832474

Bill decides to set aside $100 at the end of each month for his child’s college education. If the child were to be born today, how much will be available for its college education when s/he turns 19 years old with an interest rate of 5% monthly?


$67,789

$135,576

$85,432

$76,574

$32,985


Yanıt Açıklaması:

$100* (1,05^228)-1)/0,05=$135,576

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