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Find the present value of quarterly payments (ordinary) of $400 each over 5 years, if interest is j4=7% for the first 2 year's and j4=5.50%
Find the present value of quarterly payments (ordinary) of $400 each over 5 years, if interest is j4=7% for the first 2 year's and j4=5.50% for the remaining 3 years.
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
11th edition
324422870, 324422873, 978-0324302691
