Question
1. A deposit of $830 earns interest rates of 7 percent in the first year and 10 percent in the second year. What would be
1.
| A deposit of $830 earns interest rates of 7 percent in the first year and 10 percent in the second year. |
| What would be the second year future value? 2. What is the present value of a $320 payment in one year when the discount rate is 8 percent? 3. What is the present value of a $1,850 payment made in seven years when the discount rate is 9 percent? |
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The Handbook Of Portfolio Mathematics
Authors: Vince
1st Edition
0471757683, 978-0471757689
