Question
Henrik buys a piece of property for 100,000$ down payment and ten deferred semi-annual payments of 8,000$ each starting three years from now. What is
Henrik buys a piece of property for 100,000$ down payment and ten deferred semi-annual payments of 8,000$ each starting three years from now. What is the present value of the investment if the rate of interest is 12% compounded semi-annually?
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Macroeconomics
Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson
3rd Canadian edition
1319120083, 1319120085, 1319190111, 9781319190118, 978-1319120054
