1 During The First Year Payments Are Made Continuously Of 100 Payments Decrease By 5 Each Subsequent Year For A Total 1 (12.62 KiB) Viewed 52 times
1 During The First Year Payments Are Made Continuously Of 100 Payments Decrease By 5 Each Subsequent Year For A Total 2 (8.01 KiB) Viewed 52 times
1. During the first year, payments are made continuously of 100. Payments decrease by 5 each subsequent year for a total of ten years of payments. Annual effective is 4%. Find PV at time 0.
2. From time 0 to time 10, payments are made at a rate of 2t. The annual effective interest rate is 5%. Find PV at time 0.
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