Question
What is the present value of an annuity of $218.433 per month for 3 years, commencing 3 years from now, discounted at 6% pa? (Assume
What is the present value of an annuity of $218.433 per month for 3 years, commencing 3 years from now, discounted at 6% pa? (Assume monthly compounding and that the first annuity payment occurs 3 years and one month from now.)
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International Accounting A User Perspective
Authors: Suadagaran, Shahrokh M, Smith Lawrence Murphy
5th Edition
1531018661, 9781531018665
