Question
What is the value today of a money machine that will pay $3,432.00 per year for 29.00 years? Assume the first payment is made 8.00
What is the value today of a money machine that will pay $3,432.00 per year for 29.00 years? Assume the first payment is made 8.00 years from today and the interest rate is 8.00%.
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New Issues In Financial And Credit Markets
Authors: Franco Fiordelisi , Philip Molyneux, Daniele Previati
1st Edition
0230275443, 978-0230275447
