Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Calculate the present worth of a geometric gradient series with a cash flow of 60,000 pesos in year 1 and increases of 7% each year through year 9. The interest rate is 12% per year
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