Two receipts of $1,000 each are .1 desired at the end of years 3 and 4....
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Two receipts of $1,000 each are .1 desired at the end of years 3 and 4. Given that interest rates are 8%, 8.5%, 9% and 10% for years 1, 2, 3 and 4 respectively, determine the equal payment amount made at the end of years 1, 2 and 3 that is equivalent to those two receipts. Sketch the appropriate cash flow and outline your calculations clearly. Adding an excel sheet that supports your calculations is (b 10) .advantageous Two receipts of $1,000 each are .1 desired at the end of years 3 and 4. Given that interest rates are 8%, 8.5%, 9% and 10% for years 1, 2, 3 and 4 respectively, determine the equal payment amount made at the end of years 1, 2 and 3 that is equivalent to those two receipts. Sketch the appropriate cash flow and outline your calculations clearly. Adding an excel sheet that supports your calculations is (b 10) .advantageous
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Lets break down the problem and solve it step by step We are looking to find the equal payment amounts to be made at the end of years 1 2 and 3 that are equivalent in value to two receipts of 1000 to ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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