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Mathematics, 13.02.2020 20:26, strodersage
At an annual effective interest rate of i, the following are all equal:
i) the present value of 10,000 at the end of 6 years
ii) the sum of the present values of 6,000 at the end of the year t and 56,000 at the end of the 2t; and
iii) 5,000 immediately
calculate the present value of a payment of 8,000 at the end of year t+3 using the same annual effective interest rate.
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Answers: 3
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At an annual effective interest rate of i, the following are all equal:
i) the present value...
i) the present value...
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