Question
Sofia will pay $200 every year starting today and for six years to her parents in order to pay them back for her brand new
Sofia will pay $200 every year starting today and for six years to her parents in order to pay them back for her brand new Playstation 5. What is the future value of these payments in six years? The interest rate is 1.4%.
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Fundamentals Of Financial Management
Authors: Richard Bulliet, Eugene F Brigham, Brigham/ Houston
11th Edition
1111795207, 9781111795207
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