Question
You plan to deposit $2,000 every year for the next six years with the first payment expected to be made at the end of the
You plan to deposit $2,000 every year for the next six years with the first payment expected to be made at the end of the 5th year. . What is the present value of the payments today if the interest rate is expected to be 8% for the foreseeable future?
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An Introduction To Socio-Finance
Authors: Jørgen Vitting Andersen, Andrzej Nowak
2013th Edition
3642419437, 978-3642419430
