Question
What is the capitalized worth, when i = x1% per year, of $X2 per year, starting now and continuing forever; and $10X2 in year five,
What is the capitalized worth, when i = x1% per year, of $X2 per year, starting now and continuing forever; and $10X2 in year five, repeating every four years thereafter, and continuing forever? (X1=9%.X2=$1200)
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Econometric Analysis
Authors: William H. Greene
8th Edition
978-0134461366, 0134461363
