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1-What is the minimum number of year-end deposits that have to be made before the total value of the deposits is at least ten times
1-What is the minimum number of year-end deposits that have to be made before the total value of the deposits is at least ten times greater than the value of a single year-end deposit if the interest rate is 12.5%?
2. Assume payments of $2,000, $5,000, and $3,000 are received at t = 3, 4, and 5, respectively. What five equal payments occurring at the end of t = 1, 2, 3, 4, and 5, respectively, are equivalent if i = 10% compounded per period?
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