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Suppose you are going to receive $16,000 per year for 7 years. The appropriate interest rate is 12 percent. a. What is the present value
| Suppose you are going to receive $16,000 per year for 7 years. The appropriate interest rate is 12 percent. |
| a. | What is the present value of the payments if they are in the form of an ordinary annuity? |
| b. | What is the present value if the payments are an annuity due? |
| c. | Suppose you plan to invest the payments for 7 years, what is the future value if the payments are an ordinary annuity? |
d.Suppose you plan to invest the payments for 7 years, what is the future value if the payments are an annuity due?
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Healthcare Finance An Introduction To Accounting And Financial Management
Authors: Louis C. Gapenski
5th Edition
1567934250, 978-1567934250
