Question
Find the term of the ordinary annuity in years and months (from 0 to 11 months). Future Value Periodic Rent Payment Interval Interest Rate Conversion
Find the term of the ordinary annuity in years and months (from 0 to 11 months).
| Future Value | Periodic Rent | Payment Interval | Interest Rate | Conversion Period |
| $4577 | $50 | 3months | 12% | quarterly |
The term is ? year(s) and ? month(s)
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International Financial Management
Authors: Cheol S. Eun, Bruce G.Resnick
6th Edition
71316973, 978-0071316972, 78034655, 978-0078034657
