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Your grandfather left an inheritance for you of $100,000. However you can only drawdown on the investment as follows: Years 1 3$15,000 each year What
Your grandfather left an inheritance for you of $100,000. However you can only drawdown on the investment as follows: Years 1 3$15,000 each year
- What is the present worth of this inheritance?
- Due to high liquidity interest rate have dropped to 4%. What will be the impact on the present worth of this inheritance as a consequence of the market change?
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Physics
Authors: James S. Walker
5th edition
978-0133498493, 9780321909107, 133498492, 0321909100, 978-0321976444
