Question
What is the present value of an annuity due annuity that pays 100 dollars a week for 5 years (52 weeks in a year)? The
What is the present value of an annuity due annuity that pays 100 dollars a week for 5 years (52 weeks in a year)? The interest rate is 10 percent with weekly compounding. Show your work (show the correct equation with the correct numbers in the equation). Provide the correct answer.
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Money Banking And Financial Markets
Authors: Stephen Cecchetti, Kermit Schoenholtz
6th Edition
1260226786, 9781260226782
