1. During the first year, payments are made continuously of 100. Payments decrease by 5 each subsequent year for a total
Posted: Sat Nov 27, 2021 5:35 pm
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.
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.