Question
If, beginning one year from today, I receive $1,635 a year for 21 years, how do I calculate the present value of that series of
If, beginning one year from today, I receive $1,635 a year for 21 years, how do I calculate the present value of that series of payments, assuming a 5.09% discount rate?
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Get StartedRecommended Textbook for
Investments Analysis and Management
Authors: Charles P. Jones
12th edition
978-1118475904, 1118475909, 1118363299, 978-1118363294
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