Question
1) A friend will receive $2,250 every month (starting next month) for 15 years from an insurance settlement. Frank Wentworth has offered $225,000 TODAY to
1) A friend will receive $2,250 every month (starting next month) for 15 years from an insurance settlement. Frank Wentworth has offered $225,000 TODAY to buy the future cash flow rights. What discount rate is that offer consistent with? Both Monthly and Annually? cash flow: number of payments: cash offer: discount rate (monthly): annualized Frank Wentworth offer rate: Please show work thanks
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Mission Ready Finances Proven Principles To Guide Your Story To Financial Freedom
Authors: Marco Parzych
1st Edition
173321531X, 978-1733215312
