Question
8) What is the present value of $1,000 a month to be received for the next 50 years with an interest rate of 8.0% compounded
8) What is the present value of $1,000 a month to be received for the next 50 years with an interest rate of 8.0% compounded monthly? Answer: _________________________
9) What is the present value of $12,000 a year to be received for the next 50 years with an interest rate of 8.0%? Answer: _________________________
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Financial Statements A Step By Step Guide To Understanding And Creating Financial Reports
Authors: Thomas Ittelson
1st Edition
1632652072, 978-1632652072
