Question
You are considering an annuity which costs $100,004 today. The annuity pays $7,500 a year at an annual interest rate of 6.5 percent. What is
You are considering an annuity which costs $100,004 today. The annuity pays $7,500 a year at an annual interest rate of 6.5 percent. What is the length of the annuity time period?
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Contemporary Issues In Development Finance
Authors: Joshua Yindenaba Abor, Robert Lensink, Charles Komla Delali Adjasi
1st Edition
1138324329, 978-1138324329
