1 A Payment Schedule Requires 20 Payments Of 10 000 The First Payment To Be Made 15 2808367
1. A payment schedule requires 20 payments of $10,000, the first payment to be made 15 years from today. Assuming a discount rate of 10%, what is the present value of this series of payments? (2 marks) 2. Assume the payment schedule in problem 1 changes as follows: . the payment 17 years from today […]