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2. For a Skipping Cash Flow Pattern (Figure 1) below, determine the value of the PRESENT WORTH, P. Assume the Annual Interest rate is
2. For a Skipping Cash Flow Pattern (Figure 1) below, determine the value of the PRESENT WORTH, P. Assume the Annual Interest rate is 10% and N is 18 years. Note: ALL the SEVEN installment payments are 10000 SAR, each. 10,000 $10,000 FIGURE 1 $10,000
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Fundamental Financial Accounting Concepts
Authors: Thomas Edmonds, Christopher Edmonds
9th edition
9781259296802, 9781259296758, 78025907, 1259296806, 9781259296765, 978-0078025907
