Question
Do you know how I would find the answer to problems like the one below using a calculator's functions? Beginning in 7 years, (end of
Do you know how I would find the answer to problems like the one below using a calculator's functions?
Beginning in 7 years, (end of years 7, 8 and 9) Sally will receive three annual benefit checks of $13,000 each.If Sally assumes an interest rate of 8%, what is the present value of these checks?
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Financial Management Principles and Application
Authors: Arthur J. Keown, J. William Petty, David F. Scott, Jr.
10th edition
536514119, 536514110, 978-0536514110
