At an effective annual interest rate i, each of the following 2 sets of payments has present

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At an effective annual interest rate i, each of the following 2 sets of payments has present value k;

i) A payment of 121 immediately and another payment of 121 at the end of one year

ii) A payment of 144 at the end of 2 years and another payment of 144 at the end of 3 years calculate k.

Related Book For answer-question

Engineering Economy

ISBN: 978-0133439274

16th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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Posted Date: Jun 13, 2019 01:51 AM

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At an effective annual interest rate i, each of the following 2 sets of payments has present

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Engineering Economy

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