You have just purchased an investment that will pay you $500 at the end of each of
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You have just purchased an investment that will pay you $500 at the end of each of the next 4 years, $800 at the end of year 5 and $2,500 at the end of year 6. If other investments of equal risk earn 10% annually, what will be the value in 6 years of these payments? What is the value today of this investment?
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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