Question
If a quarterly rent of $9,000 is deposited at the end of each of 6 quarters, at an interest rate of 9% per quarter, what
If a quarterly rent of $9,000 is deposited at the end of each of 6 quarters, at an interest rate of 9% per quarter, what would be the present value of said rent?
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To calculate the present value of the rent payments we can use the present value formula for ...
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
