5. An SME has been offered a five-year annuity of US$35,000 per year. The first payment comes...
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5. An SME has been offered a five-year annuity of US$35,000 per year. The first payment comes at the end of the first year. How much will the firm have in its special account created for this investment at the end of the five years assuming market interest rate is 16 % per annum?
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Related Book For 
Entrepreneurial Finance For MSMEs A Managerial Approach For Developing Markets
ISBN: 9783319340203
1st Edition
Authors: Joshua Yindenaba Abor
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