Question
he present value of an annuity that pays $1 at the end of each year for n years is $10.73955. The present value of an
he present value of an annuity that pays $1 at the end of each year for n years is $10.73955. The present value of an annuity that pays $1 at the end of each year for 2n years is $16.28889. Determine the annual effective interest rate.
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Finance Of International Trade
Authors: Eric Bishop
1st Edition
0750659084, 978-0750659086
