What is the present value of a .series of semiannual payments of $10,000 due at the end
Question:
What is the present value of a .series of semiannual payments of $10,000 due at the end of each six months for the next five years if the market rate of interest is 10% per year and the present value of an annuity of $ I for 1 0 periods at 5% is 7.72 1 73?
ph85
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answered By
Kirti Kaushal
Having experience of more than 10 years is good enough to coach my students. Currently, I am working as an active supervisor of ACCA students. In my career, I helped students in financial accounting, management accounting, cost accounting, financial reporting, taxation, and audit. I also helped students publish their articles or papers in good journals. I also helped students with thesis and objective writing.
1+ Reviews
10+ Question Solved
Related Book For 
Accounting A Business Perspective
ISBN: 9780075615859
7th Edition
Authors: Roger H. Hermanson, James Don Edwards, Michael W. Maher
Question Posted:
