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QUESTION 2 The US government is trying to borrow a large sum of money from investors today It promises to make a payment
Posted: Wed Mar 09, 2022 8:41 am
by answerhappygod
- Question 2 The Us Government Is Trying To Borrow A Large Sum Of Money From Investors Today It Promises To Make A Payment 1 (11.95 KiB) Viewed 40 times
QUESTION 2 The US government is trying to borrow a large sum of money from investors today It promises to make a payment of 5363 every year forever, and the first payment starts thuree years from today Ir the interest rate is 10% per year (compounded annually), what is the present value of the payments? (Round it to a whole numbers" is required.)