Saturday
April 19, 2014

Homework Help: Finance

Posted by D Johnson on Sunday, May 5, 2013 at 3:30pm.

On Abby Ellen's graduation from law school, Abby's uncle, Bull Brady, promised her a gift of $24,000 or $2,400 every quarter for the next 4 years after graduating from law school. If the money could be invested at 6% compounded quarterly, which offer should Abby choose? (p. 319)

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