Why can't interest factors for annuities be used when evaluating the present value of an uneven series
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Why can't interest factors for annuities be used when evaluating the present value of an uneven series of receipts? What factors must be used to discount a series of uneven receipts?
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Real Estate Finance And Investments
ISBN: 9780073524719
13th Edition
Authors: William Brueggeman, Jeffrey Fisher
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