Question
1.Given an interest rate of 8% compounded semi-annually, find the present value of an annuity of R 2 400 semi-annually for four years and thereafter
1.Given an interest rate of 8% compounded semi-annually, find the present value of an annuity of R 2 400 semi-annually for four years and thereafter R 3 100 semi-annually for one year.
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Fundamentals Of Investments Valuation And Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
9th Edition
1260013979, 9781260013979
