Question
You are offered a 30-year annuity investment that will pay you 500 per month, starting at the end next month (t = 1). What is
You are offered a 30-year annuity investment that will pay you 500 per month, starting at the end next month (t = 1). What is the value of this investment today if the monthly interest rate is 0.6%?
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
13th edition
132743469, 978-0132743464
