Question
What is the present worth of an equal series of $1000 received at the end of each quarter for four years if the interest rate
What is the present worth of an equal series of $1000 received at the end of each quarter for four years if the interest rate is 10% compounded weekly?
| $ 13,025.54 | ||
| $ 4,641.95 | ||
| $ 15,546.47 | ||
| $ 3,759.34 |
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Principles Of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter
13th Edition
9780132738729, 136119468, 132738724, 978-0136119463
