What is the present worth of annually payments ( 2000 $ ) if the first payment will deposit after five from now , and the last one will deposit at begin of the fifteenth year ? Assume interest rate ( 7 % ) ?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 8EA: You put $250 in the bank for S years at 12%. A. If interest is added at the end of the year, how...
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What is the present worth of annually payments ( 2000 $ ) if the first payment will deposit after five from now , and the last one will deposit at begin of the fifteenth year ? Assume interest rate ( 7 % ) ?
Homework No.2:
What is the present worth of annually payments (2000$) if the first payment
will deposit after five from now, and the last one will deposit at begin of the
fifteenth year? Assume interest rate (7%)?
Transcribed Image Text:Homework No.2: What is the present worth of annually payments (2000$) if the first payment will deposit after five from now, and the last one will deposit at begin of the fifteenth year? Assume interest rate (7%)?
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