Mathematics, 21.06.2021 16:30 cathyjuan
At an effective annual interest rate i, i > 0, each of the following two sets of payments has present value K:
a. A payment of 121 immediately and another payment of 121 at the end of one year
b. A payment of 144 at the end of two years and another payment of 144 at the end of three vears.
Calculate i.
Answers: 1
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At an effective annual interest rate i, i > 0, each of the following two sets of payments has pre...
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