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What is the present value of receiving 140 per month for 19 years, starting today. The rate of interest is 7.2% p.a. & interest
What is the present value of receiving 140 per month for 19 years, starting today. The rate of interest is 7.2% p.a. & interest is calculated on a monthly basis. Enter your answer as a number only. Do not include any currency symbols. Your answer must be correct to two place of decimal and must include 2 places of decimal. e.g. if your answer was 1,000. You must answer 1000.00 or 1.000.00 for your answer to be marked correct. Answer:
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