Question
You are scheduled to receive annual payments of $5,000 for each of the next 4 years. The discount rate is 9 percent. What is the
You are scheduled to receive annual payments of $5,000 for each of the next 4 years. The discount rate is 9 percent. What is the present value of these payments?
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Mathematics Of Finance
Authors: Petr Zima, Robert L. Brown
5th Edition
0070871353, 978-0070871359
