Find the present value of (1) A single payment of $24,000 at 6 percent for 12 years,
Question:
Find the present value of
(1) A single payment of $24,000 at 6 percent for 12 years,
(2) 12 annual payments of $2,000 at 6 percent,
(3) A single payment of $5,000 at 9 percent for five years, and
(4) Five annual payments of $5,000 at 9 percent.
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1 Single payment of 36000 at 4 in 12 years from now see Table 1 in the appendix on present value ...View the full answer
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