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3. At a rate of interest (i) where i>0, a 36-year annuity-immediate with annual payments of $4 has the same present value as an eighteen-year
3. At a rate of interest (i) where i>0, a 36-year annuity-immediate with annual payments of $4 has the same present value as an eighteen-year annuity- immediate with annual payments of $5. In how many years does money double at the rate of interest
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Routledge Handbook Of Social And Sustainable Finance
Authors: Othmar M. Lehner
1st Edition
1138343773, 978-1138343771
