Question
a business is taking out a loan for 20,000 at a 6% interest rate to be paid up in 20 years. determine the present worth
a business is taking out a loan for 20,000 at a 6% interest rate to be paid up in 20 years. determine the present worth of the first three annual payments made on the loan, if the discount rate is 4% and the inflation rate is 2%.
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Handbook Of Financial Risk Management
Authors: Thierry Roncalli
1st Edition
1138501875, 978-1138501874
