Question
A 5-year annuity due has periodic cash flows of $100 each year. If the interest rate is 8 percent, the future value of this annuity
A 5-year annuity due has periodic cash flows of $100 each year. If the interest rate is 8 percent, the future value of this annuity is closest to which of the following equations? A. ($100)(FVIFA at 8% for 5 periods) B. $100)(FVIFA at 8% for 5 periods) + $100 C. ($100)(FVIFA at 8% for 4 periods) + $100
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Beyond Greed And Fear Understanding Behavioral Finance And The Psychology Of Investing
Authors: Hersh Shefrin
1st Edition
0195161211, 978-0195161212
