Question
Suppose the annual rate of interest is 10 percent. You pay $200 a month for two years, $300 a month for a year, and $400
Suppose the annual rate of interest is 10 percent. You pay $200 a month for two years, $300 a month for a year, and $400 for two years. What is the present value of all your payments?
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Fundamentals of Investments Valuation and Management
Authors: Bradford Jordan, Thomas Miller
7th edition
978-0078096785, 78096782, 978-0077861636, 77861639, 978-0078115660
