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I would like to know how to solve these questions What is the present value of a security that will pay $29,000 in 20 years
I would like to know how to solve these questions
What is the present value of a security that will pay $29,000 in 20 years if securities of equal risk pay 5% annually? PROBLEM 5-14 Find the future values of the following ordinary annuities. Compounding occurs once a year. 1. $500 per year for 8 years at 14% 2. $250 per year for 4 years at 7% 3. $700 per year for 4 years at 0% 4. Rework parts a,b, and c assuming they are annuities due. Upload this assignment in a.pdf formatStep by Step Solution
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