CFIN (with Online, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)
5th Edition
ISBN: 9781305661653
Author: Scott Besley, Eugene Brigham
Publisher: Cengage Learning
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Question
Chapter 4, Problem 6PROB
Summary Introduction
The
Present value is the current value of future investment or series of future payments at a predetermined interest rate for a specified period.
Here,
The present value is “PV”.
The future value is “FV”.
The interest rate is “r”.
The maturity period of time period is “n”.
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CFIN (with Online, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)
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