Question
what would be the present value of an immediate annuity if it was worth $18,000 after 5 years and it had earned 9.5% interest compounded
what would be the present value of an immediate annuity if it was worth $18,000 after 5 years and it had earned 9.5% interest compounded quarterly?
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Contemporary Financial Management
Authors: R. Charles Moyer, William J. Kretlow, James R. Mcguigan
8th Edition
0324065914, 9780324065916
