Deffered annuity problem? - annuity deffered formul
For four years, pays $ 200 a pension at the end of each semester, semi-annually at a rate of 8% interest convertible bonds. Find the present value of pension commitments of three months after the 5th (ie nine months of the year 3).
1 comment:
This seems to be a "matter of .. Net Present Value" means that you can not without knowing the answer rate of inflation ....
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