Question
What is the present value of an annuity of $500 semiannual payments if the first payment is received 3 years from now and the last
What is the present value of an annuity of $500 semiannual payments if the first payment is received 3 years from now and the last payment is received 5 years from now? Lets assume that the interest rate is 8%.
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The Handbook Of The Political Economy Of Financial Crises
Authors: Martin H. Wolfson, Gerald A. Epstein
1st Edition
0199757232, 978-0199757237
