Agile | Financial markets homework help
1.What is the present value of a security that will pay $42,000 in 20 years if securities of equal risk pay 9% annually? Do not round intermediate calculations. Round your answer to the nearest cent. 2. Your parents will retire in 16 years. They currently have $370,000 saved, and they think they will need $2,150,000 at retirement. What annual interest rate must they earn to […]