Business, 18.09.2019 00:00 19cdeleon

Alocal bank advertises the following deal: "pay us $100 at the end of each year for 12 years and then we will pay you (or your beneficiaries) $100 at the end of each year forever." a. calculate the present value of your payments to the bank if the interest rate is 4.00%.

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Alocal bank advertises the following deal: "pay us $100 at the end of each year for 12 years and th...

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