Question
Term in years: 1 2 3 4 5 Rate: 1.8% 2.25% 2.30% 2.66% 3.13% The table above shows the interest rates available from investing in
| Term in years: | 1 | 2 | 3 | 4 | 5 |
| Rate: | 1.8% | 2.25% | 2.30% | 2.66% | 3.13% |
The table above shows the interest rates available from investing in risk-free U.S. Treasury securities with different investment terms. What is the present value (PV) of cash flows from an investment that yields$7,000 at the end of each year for the next four years?
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Real Life Money An Honest Guide To Taking Control Of Your Finances
Authors: Clare Seal
1st Edition
1472272293, 978-1472272294
