Answered: 1), find the equated time for the pay-…

1), find the equated time for the pay- 1. If money is worth (.05, m = ment of (a) $1000 due after 3 years, and (b) $2000 due after 4 years. Solve by Rule 1.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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EXERCISE XvI
1. If money is worth (.05, m =
ment of (a) $1000 due after 3 years, and (b) $2000 due after 4 years.
Solve by Rule 1.
1), find the equated time for the pay-

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