Payments of 800, 500 and 700 are made at the ends of years 2, 3 and 6
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Payments of 800, 500 and 700 are made at the ends of years 2, 3 and 6 respectively. Assuming i = .13, find the point at which a single payment of 2100 would be equivalent.
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Theory Of Interest And Life Contingencies With Pension Applications A Problem Solving Approach
ISBN: 978-1566983334
3rd Edition
Authors: Asa Michael M. Parmenter, Ph.d.
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