Question
1. If $8000 is invested in a certain business at the start of the year, the investor will receive $2400 at the end of each
1. If $8000 is invested in a certain business at the start of the year, the investor will receive $2400 at the end of each of the next 4 years.
What is the present value of this business opportunity if the interest rate is 6% per year?
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Sustainable Finance And Banking
Authors: Marcel Jeucken
1st Edition
1853837660, 978-1853837661
