Question
What is the value today of $1,500 per year, at a discount rate of 6 percent, if the first payment is received 10 years from
What is the value today of $1,500 per year, at a discount rate of 6 percent, if the first payment is received 10 years from now and the last payment is received 29 years from today?
Multiple Choice
$5,374.57
$17,304.88
$9,906.71
$9,979.87
$10,183.54
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A Practical Guide To Quantitative Finance Interviews
Authors: Xinfeng Zhou
1st Edition
1735028800, 978-1735028804
