Calculate the present worth of $1 at the following points in time and associated interest rates: Time
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Calculate the present worth of $1 at the following points in time and associated interest rates:
Time (years)
Applicable interest rate
(% p.a.) Present worth of $1 ($)
5 25 10 10 15 5 20 2.5 25 1 What do you conclude about the use of declining interest rates with time?
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Related Book For
Infrastructure Investment An Engineering Perspective
ISBN: 9781466576698
1st Edition
Authors: David G. Carmichael
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