Related to the discussion in problem 27, what is the present value of a 10-year annuity of
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Related to the discussion in problem 27, what is the present value of a 10-year annuity of $3,000 per period in which payments come at the beginning of each period? The interest rate is 12 percent.
AnnuityAn annuity is a series of equal payment made at equal intervals during a period of time. In other words annuity is a contract between insurer and insurance company in which insurer make a lump-sum payment or a series of payment and, in return,...
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Jacob Akomeah
I hold Degrees in Bachelor of Education in Psychology (Accounting Major) and Master of Business Administration in Finance, all from University of Cape Coast. A Part 2 qualified of the professional exams of the Institute of Chartered Accountants- Ghana. I hold professional level of the Chartered Institute of Taxation, Ghana. I have over 10 years teaching experience in the field of Accounting and Finance.
Master of Business Administration in Finance, University of Cape Coast, Cape Coast, 2014-2016
Bachelor of Education in Psychology (Accounting Option), University of Cape Coast, Cape Coast, 2004-2008
Senior secondary School Certificate, New Juaben Secondary Commercial, Koforidua, 1998-2000
Basic Education Certificate, CRIG Junior Secondary School, New Tafo- Akim, 1995-1997
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• Institute of Chartered Accountants of Ghana (Part 3)
• Chartered Institute of Taxation (Professional Level)
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Related Book For 
Foundations of Financial Management
ISBN: 978-0077454432
14th edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
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