Question
An investment will pay $58,000 per year forever beginning 8 years from today. If the relevant rate is 10% compounded monthly, the investment is worth
An investment will pay $58,000 per year forever beginning 8 years from today. If the relevant rate is 10% compounded monthly, the investment is worth $______ today.
the answer is 275,854.88 but i need to know how to get it
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Healthcare Finance: An Introduction To Accounting And Financial Management
Authors: Louis Gapenski
6th Edition
1567937411, 978-1567937411
