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Munna Bhai promises Circuit that till they are together; they will celebrate their friendship by eating one pizza every week. Assume that the prize of
Munna Bhai promises Circuit that till they are together; they will celebrate their friendship by eating one pizza every week. Assume that the
prize of a pizza is $ What is the present value of the commitment
given that the annual interest rate, compounded weekly is the
annual rate of inflation, compounded weekly is and each year has
exactly weeks? Also, assume that their friendship is going to stay for
the next years.
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