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Author Question: John wants to have $6,215 in 13 years to buy a Laser 2 sailboat with a spinnaker and trapeze. After ... (Read 113 times)

lak

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on: Apr 25, 2021
John wants to have $6,215 in 13 years to buy a Laser 2 sailboat with a spinnaker and trapeze. After he has owned the boat for 15 years he will need $2,500 for hull maintenance. How much must he deposit at the end of each year for the next 13 years to save enough money for the purchase and maintenance? His savings account pays 9%.
◦ $300.67
◦ $267.61
◦ $213.02
◦ $270.77
◦ $211.68
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by lak on Apr 25, 2021

billybob123

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lak

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Reply 2 on: Apr 25, 2021
Excellent

xthemafja

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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