Question
3.What is the present value of 100.000 TL obtained at the end of each year for 5 years at 15% interest rate? Answer the question
3.What is the present value of 100.000 TL obtained at the end of each year for 5 years at 15% interest rate? Answer the question by drawing both the figure and using the annuity formula.
4.If an investor deposits 10,000 TL at the beginning of each year for 5 years at 15% interest, what is the present value of the investment? Answer the question by drawing both the figure and using the annuity factor formula.
5.What is the future value of the investment if an investor deposits 10,000 TL at the beginning of each year for 5 years at 15% interest? Answer the question by drawing both the figure and using the annuity factor formula
PLEASE DRAW THE TABLE FOR ALL
.
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International Money and Finance
Authors: Michael Melvin, Stefan C. Norrbin
8th edition
978-8131234136, 123852471, 978-0123852472
