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Find the present value of $20,000 received annually in perpetuity at a discount rate of 5 percent ? Ahlam borrows $4,500 at a rate of
Find the present value of $20,000 received annually in perpetuity at a discount rate of 5 percent ?
Ahlam borrows $4,500 at a rate of 10 percent annually at compound interest, which is payable in four equal annual installments. Calculate the value of the annual payment if it is made at the end of the year ?
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