Question
Rework parts a,b,c assuming they are annuities due: (I used the formula 500/(1-0.06)^12 for a) but it wasn't right - could you please explain the
Rework parts a,b,c assuming they are annuities due:
(I used the formula 500/(1-0.06)^12 for a) but it wasn't right - could you please explain the formula used and the excel function)
Future value of $500 per year for 12 years at 6%: $
Future value of $250 per year for 6 years at 3%: $
Future value of $800 per year for 6 years at 0%: $
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Financial And Managerial Accounting
Authors: Nonso E Okpala
1st Edition
1634873904, 9781634873901
