Question
You have savings amounting to $1,200 (CF0) and you expect to save an additional $800 next year. You need your savings to pay for your
You have savings amounting to $1,200 (CF0) and you expect to save an additional $800 next year. You need your savings to pay for your tuition fees of $800 in 2 years and $1,000 in 3 years. What is the value of this cash flow today if your savings will earn 6%?
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Interest rate 8 6 year 1 Pu q ef 0 1 2 3 Cash flow Cf 7 ...
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Managing in a Global Economy Demystifying International Macroeconomics
Authors: John E. Marthinsen
2nd edition
128505542X, 978-1305176157, 1305176154, 978-1285055428
