Question
An investment offers $4,900 per year for 15 years, with the first payment occurring one year from now. If the required return is 8 percent,
An investment offers $4,900 per year for 15 years, with the first payment occurring one
year from now. If the required return is 8 percent, what is the value of the investment?
What would the value be if the payments occurred for 40 years? For 75 years?
Forever?[
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Health Care Finance And The Mechanics Of Insurance And Reimbursement
Authors: Michael K. Harrington
2nd Edition
1284169030, 978-1284169034
