Year Amount ($) 1 R 2000 2 2,200 RM 3000 3 3,000 RM 4000 An investment made
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Year Amount ($) 1 R 2000 2 2,200 RM 3000 3 3,000 RM 4000 An investment made today will pays you the above cash flows at the end of each year. If your required rate of return is 5% annual interest, how much will you pay for this investment today?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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