Question
We Pay Insurance Co. will pay you $1,100 each quarter for 24 years. You want to earn a minimum interest rate of .85 percent per
We Pay Insurance Co. will pay you $1,100 each quarter for 24 years. You want to earn a minimum interest rate of .85 percent per quarter. What is the most you are willing to pay today for these payments?
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School Finance A Policy Perspective
Authors: Allan Odden, Lawrence Picus
6th Edition
1259922316, 9781259922312
