Question
Please show work What is the value today of $1,100 per year, at a discount rate of 9 percent, if the first payment is received
Please show work
What is the value today of $1,100 per year, at a discount rate of 9 percent, if the first payment is received 5 years from now and the last payment is received 22 years from today?
Multiple Choice
$2,124.91
$6,657.78
$6,686.52
$9,731.19
$6,822.98
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The Oxford Handbook Of The Sociology Of Finance
Authors: Karin Knorr Cetina, Alex Preda
1st Edition
0198708777, 978-0198708773
