Calculate the present value as at 1 January 2020 of the following payment: .a single payment of
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Calculate the present value as at 1 January 2020 of the following payment:
.a single payment of euros 2,000 payable on 1st july 2024
.a single payment ofeuros 5000 payable on 31st dec 2031 assume effective rate of interest of 8%pa until 31 dec 2026 and 6% pa thereafter
Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-1119368458
7th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
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