Question
What is the present value of $20,000 continuously discounting for 5 years 8% per annum? Compute the annual repayment for a loan of $100,000 using
What is the present value of $20,000 continuously discounting for 5 years 8% per annum?
Compute the annual repayment for a loan of $100,000 using the CRF approach if the loan duration is 4 years at an interest rate of 10%.
Annual Payment = CRF x Loan
CRF =
Loan =
Annual Payment =
Answer =
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
