Question
What is a present value of 70 monthly payments of $1,200, if the appropriate discount rate is 7.00% (per annum) and the first payment is
What is a present value of 70 monthly payments of $1,200, if the appropriate discount rate is 7.00% (per annum) and the first payment is being made today? (Round your answer to 2 decimals.)
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The International Handbook Of Public Financial Management
Authors: Richard Allen, Richard Hemming, B. Potter
1st Edition
1137574895, 978-1137574893
