Assignment
kchnda1) If the present value of a cash flow at an annual rate of interest of 11.25% is $30000, what is the yearly cash flow? Assume that interest is compounded annually and round to the nearest cent.
2) What is the present value of a cash flow of $2000 per year if the annual rate of interest is 7.5%. Assume that interest is compounded annually and round to the nearest cent.
3) What is the present value of a cash flow of $1200 if the rate of annual interest is 6.75%? Round to the nearest cent.
12 years ago
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