Question
A project get continuous stream of income with constant rate of $100 per annum from t=0 to t=4, t is time measured in years. The
A project get continuous stream of income with constant rate of $100 per annum from t=0 to t=4, t is time measured in years.
The force of interest is 5% for the first 5 years. For the years thereafter, the effective discount rate is 1%. What is the accumulation value at time 8?
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Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Judith J. Baker, R.W. Baker
3rd Edition
076377894X, 978-0763778941
