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The present value at j12 of a $10,000 payment today, followed by 32 monthly payments of $5000 is $136,335.69. What is the present value of
The present value at j12 of a $10,000 payment today, followed by 32 monthly payments of $5000 is $136,335.69. What is the present value of 33 monthly payments of $2000, first payment made today, if these payments earn the same interest rate, 112? Cannot be determined without knowing the value of j12 $50,534.28 $52,534.28 $48,534.28
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