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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The Analysis And Use Of Financial Statements
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
2nd Edition
0471111864, 978-0471111863
