Question
What is the present value of the following annuity? $4,156 every year at the end of the year for the next 8 years, discounted back
What is the present value of the following annuity?
$4,156 every year at the end of the year for the next 8 years, discounted back to the present at 5.74 percent per year, compounded annually?
Round the answer to two decimal places.
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Corporate Finance Governance And Business Cycles Theory And International Comparisons
Authors: Robert E. Krainer
1st Edition
0444510494, 9780444510495
