Question
Your grandmother is giving you $100 a month for four years while you attend college to earn your bachelor's degree. At a 9.0 percent discount
Your grandmother is giving you $100 a month for four years while you attend college to earn your bachelor's degree. At a 9.0 percent discount rate, what are these payments worth to you on the day you enter college?
Show all formulas and work on Excel or Financial Calculator. thank you
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Handbook Of Business Valuation
Authors: Thomas L. West, Jeffrey D. Jones
2nd Edition
0471297879, 978-0471297871
