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#2 What is the value today of a money machine that will pay $1,069.00 per year for 15.00 years? Assume the first payment is made
#2 What is the value today of a money machine that will pay $1,069.00 per year for 15.00 years? Assume the first payment is made one year from today and the interest rate is 7.00%.
#3 What is the value today of a money machine that will pay $4,726.00 per year for 27.00 years? Assume the first payment is made 6.00 years from today and the interest rate is 15.00%.
#4 What is the value today of a money machine that will pay $3,942.00 every six months for 15.00 years? Assume the first payment is made six months from today and the interest rate is 14.00%.
#5 what is the value today of a money machine that will pay $4,378.00 every six months for 16.00 years? Assume the first payment is made 1.00 years from today and the interest rate is 5.00%.
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Emerging Markets And The Global Economy A Handbook
Authors: Mohammed El Hedi Arouri, Sabri Boubaker, Duc Khuong Nguyen
1st Edition
0124115497, 978-0124115491
