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An investment is expected to generate a revenue stream as follows: Year-End Payment ($) 2017 3,000 2018 5,000 2019 7,000 2020 6,000 2021 4,000 The
- An investment is expected to generate a revenue stream as follows:
| Year-End | Payment ($) |
| 2017 | 3,000 |
| 2018 | 5,000 |
| 2019 | 7,000 |
| 2020 | 6,000 |
| 2021 | 4,000 |
- The present value (PV) of the investment assuming an annual interest rate of 13%
- The future value (FV) of the investment assuming an annual interest rate of 13%
- The present value of the investment assuming a uniform series of payments in the amount of $6,000 and an annual interest rate of 13%
- The future value of the investment assuming a uniform series of payments in the amount of $6,000 and an annual interest rate of 13%
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Lectures On Public Economics
Authors: Anthony B. Atkinson, Joseph E. Stiglitz
1st Edition
0691166412, 978-0691166414
