Question
#6. Interest rates are currently 10%. Calculate the value of the following streams of payments. (a) $2,000 a year forever starting one year from today
#6. Interest rates are currently 10%. Calculate the value of the following streams of payments.
(a) $2,000 a year forever starting one year from today
(b) $2,000 a year forever starting today
(c) $1,000 a year forever starting two years from today
(d) $1,200 a year forever starting four years from today
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Personal Finance Building Your Future
Authors: Robert B. Walker, Kristy P. Walker
1st edition
9780077861728, 978-0073530659
