Question
Suppose that 5 years from now you will receive $10,000 at the end of every year for 5 years.What is the present value of this
Suppose that 5 years from now you will receive $10,000 at the end of every year for 5 years.What is the present value of this annuity if the opportunity cost rate is 5%?
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs
11th edition
134141083, 978-0134141084
