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David can receive one of the following two payment streams: (i) 100 at time 0,200 at time n years, and 300 at time 2n years
David can receive one of the following two payment streams: (i) 100 at time 0,200 at time n years, and 300 at time 2n years 600 at time n years The present values of the two payment streams are equal. You are given that the annual force of interest is 12.21%. Calculate n. A 8.0 B 8.5 C 9.0 D 9.5 E 10.0
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