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28 Sep 2019
What is the present value of the following series of prospective payments?
a. $600 a month for 3 years at 13% compounded annually.
b.$5000 a year for 5 years at 16% compounded semiannually
c. $2500 each year for 10 years at 8% compounded quarterly
d. $14000 each quarter for 4 years at 12% compounded monthly
What is the present value of the following series of prospective payments?
a. $600 a month for 3 years at 13% compounded annually.
b.$5000 a year for 5 years at 16% compounded semiannually
c. $2500 each year for 10 years at 8% compounded quarterly
d. $14000 each quarter for 4 years at 12% compounded monthly
Chika IlonahLv10
28 Sep 2019