Question
You are scheduled to receive annual payments of $10,400 for each of the next 21 years. The discount rate is 7.0 percent. What is the
You are scheduled to receive annual payments of $10,400 for each of the next 21 years. The discount rate is 7.0 percent. What is the difference in the present value if you receive these payments at the beginning of each year rather than at the end of each year?
- $11,128.00
- $10,400.00
- $7,888.26
- $9,959.56
- $8,332.34
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The Engineers Cost Handbook Tools For Managing Project Costs
Authors: Richard E. Westney
1st Edition
0824797965, 978-0824797966
