Question: Payments will be made to you at a continuous rate of $100 per year for the next five years. The effective rate of interest over
Payments will be made to you at a continuous rate of $100 per year for the next five years. The effective rate of interest over this period is i = 0.05. Calculate the present value of this payment stream.
NO EXCEL
EXCEL = THUMBS DOWN
FORMULAS / SHOW WORK = THUMBS UP
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