Find the PV and the FV of an investment that makes the following end-of-year payments. The...
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Find the PV and the FV of an investment that makes the following end-of-year payments. The interest rate is 10%. Year 1 2 3 Payment $100 $200 $400 Round your answers to the nearest cent. PV of investment: $ FV of investment: $ Find the PV and the FV of an investment that makes the following end-of-year payments. The interest rate is 10%. Year 1 2 3 Payment $100 $200 $400 Round your answers to the nearest cent. PV of investment: $ FV of investment: $
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Answer rating: 100% (QA)
Interest rate R 8 Payment in year 1 100 Payment in year 2 200 Payment in year 3 400 Future value a... View the full answer
Related Book For
Financial Management Theory And Practice
ISBN: 978-0176583057
3rd Canadian Edition
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
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