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?
How would I solve this on a financial calculator?
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Securitisation Derivatives A Practioner's Handbook
Authors: Mark Aarons, Vlad Ender, Andrew Wilkinson
1st Edition
1119532272, 978-1119532279
