Question: How would I solve a problem like this? along with a timeline? You just rented a penthouse and signed a 5 year lease.The monthly rent
How would I solve a problem like this? along with a timeline?
You just rented a penthouse and signed a 5 year lease.The monthly rent is $7,000 until the lease ends.The first payment is due today.Calculatethe present value of entire stream of payments if the APR is 5.24%, compounded monthly.
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