A sum of $16,000 per year will be received uniformly over a five-year period beginning two years

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A sum of $16,000 per year will be received uniformly over a five-year period beginning two years from today. What is the present value of this deferred-funds flow if interest is compounded continuously at a nominal rate of 9%?

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Contemporary Engineering Economics

ISBN: 978-0136118480

5th edition

Authors: Chan S. Park

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Question Posted: Apr 21, 2016 06:38 AM

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A sum of $16,000 per year will be received uniformly over a five-year period beginning two years

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Given r 9 16 000 ...View the full answer

Contemporary Engineering Economics

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