Question
You are given: a) The sum of present values of a payment of X at the end of 10 years and a payment of Y
You are given:
a) The sum of present values of a payment of X at the end of 10 years and a payment of Y at the end of 20 years is equal to the present value of payment of X+Y at the end of 14 years.
b) X+Y = 80
c) An interest rate of 6% compounded semiannually
Cacluate X
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Financial Statement Analysis
Authors: Andrew P.C.
1st Edition
1520985002, 978-1520985008
