What is the present value of $ 1 comma 0 0 0 paid at the end of
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What is the present value of $ comma paid at the end of each of the next years if the interest rate is per year?
The present value is $ Round to the nearest cent. A rich aunt has promised you $ one year from today. In addition, each year after that, she has promised you a paymenton the anniversary of the last payment that is larger than the last payment. She will continue to show this generosity for years giving a total of payments. If the interest rate is what is her promise worth today?
The present value of the aunt's promise is $ Round to the nearest dollar
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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