Question
What is the value today of a money machine that will pay $4,389.00 per year for 21.00 years? Assume the first payment is made 2.00
What is the value today of a money machine that will pay $4,389.00 per year for 21.00 years? Assume the first payment is made 2.00 years from today and the interest rate is 7.00%.
Answer format: Currency: Round to: 2 decimal places.
What is the value today of a money machine that will pay $1,782.00 every six months for 21.00 years? Assume the first payment is made 4.00 years from today and the interest rate is 10.00%.
Answer format: Currency: Round to: 2 decimal places.
Could really use the help! am trying to understand the process
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Public Finance In Theory And Practice
Authors: Holley Ulbrich
2nd Edition
041558597X, 978-0415585972
