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A person signs a lease with an apartment complex for 5 years, paying $1,000 per month. With money worth 6% (compounded monthly), what is the
A person signs a lease with an apartment complex for 5 years, paying $1,000 per month. With money worth 6% (compounded monthly), what is the present value of the payments?
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Essential Mathematics For Economic Analysis
Authors: Knut Sydsaeter, Peter Hammond, Arne Strom
4th Edition
0273760688, 9780273760689
