5 Assume that somebody has to pay 2000 in three years' time and 3000 in seven years' time They want to pay off both debts by a single payment in six years' time Assuming an interest rate of 8 p a , how much do they have to pay 5 Assume that somebody has to pay 2000 in three years' time and 3000 in...

The present value of the payments due in three and seven years can be calculate ...

5. * Assume that somebody has to pay 2000 in three years' time and 3000 in...

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Fundamentals of Cost Accounting

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5. * Assume that somebody has to pay 2000 in three years' time and 3000 in...

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Fundamentals of Cost Accounting

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