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Why is sum of present value equal to loan amount $2,000 initial investment with payment is the same at $2,000 over 10 years at 4%?
Why is sum of present value equal to loan amount $2,000 initial investment with payment is the same at $2,000 over 10 years at 4%?
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The statement doesnt quite hold true In a typical loan scenario the sum of the present values of you...
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th International Edition
1265533199, 978-1265533199
