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#5. What is the value today of a money machine that will pay $2,409.00 every six months for 26.00 years? Assume the first payment is
#5. What is the value today of a money machine that will pay $2,409.00 every six months for 26.00 years? Assume the first payment is made 2.00 years from today and the interest rate is 8.00%.
#5 What is the value today of a money machine that will pay $2,409.00 every six months for 26.00 years? Assume the first payment is made 2.00 years from today and the interest rate is 8.00%. unanswered Submit not_submitted Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal placesStep by Step Solution
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International Project Finance
Authors: Felix I. Lessambo
1st Edition
3030963896, 978-3030963897
