Question
What is the value today of a money machine that will pay $4,705.00 per year for 24.00 years? Assume the first payment is made 2.00
What is the value today of a money machine that will pay $4,705.00 per year for 24.00 years? Assume the first payment is made 2.00 years from today and the interest rate is 11.00%.
Answer format: Currency: Round to: 2 decimal places.
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Private Equity Mathematics
Authors: Oliver Gottschalg
1st Edition
1908783508, 9781908783509
