Question
You pledge $12000 annual payments to your alma mater forever. Given the interest rate of 2.5% what is the present value of your payments. Question
You pledge $12000 annual payments to your alma mater forever. Given the interest rate of 2.5% what is the present value of your payments.
Question 15 options:
|
| $400000 |
|
| $440000 |
|
| $480000 |
|
| $520000 |
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Contemporary Financial Management Fundamentals
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
1st Edition
0324015771, 9780324015775
