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In January 2011, your friend Leo signs a contract to play for a minor league baseball team. He will receive $600,000 for 2011, $700,000 for 2012, $800,000 for 2013, and $900,000 for 2014. All payments are made at the end of year. Assume 8% annual interest

In January 2011, your friend Leo signs a contract to play for a minor league baseball team. He will receive $600,000 for 2011, $700,000 for 2012, $800,000 for 2013, and $900,000 for 2014. All payments...
20:24 Wed 05th Oct 201112 answers, last by factor30 14:48 Thu 06th Oct 2011

Only 1 question