Question
A local bank advertises the following deal: Pay us $100 at the end of each year for 12 years and then we will pay you
A local bank advertises the following deal: "Pay us $100 at the end of each year for 12 years and then we will pay you (or your beneficiaries) $100 at the end of each year forever." What is the present value of a $100 perpetuity deferred for 12 years if the interest rate is 7.25%?
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Comprehensive Audits Of Radiotherapy Practices A Tool For Quality Improvement, Quality Assurance Team For Radiation Oncology
Authors: International Atomic Energy Agency
1st Edition
9201037074, 978-9201037077
