Find the PV of a series of payments that start at 18,000 USD at the end...
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Find the PV of a series of payments that start at 18,000 USD at the end of year one and then increase by 2,000 USD each year, forever. Consider interest rate at 10% p.a. Find the PV of a series of payments that start at 18,000 USD at the end of year one and then increase by 2,000 USD each year, forever. Consider interest rate at 10% p.a.
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Given Information Initial payment year 1 18000 Increase in p... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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