tfburgess
Apr 27, 2006, 09:58 AM
I need help with these two questions...
How much must be deposited at the beginning of each year in order to accumulate $10,000 in four years if interest is at 9%?
Patented processes that will result in cash receipts of $2,500 at the end of each of the next four years and a ballon receipt of $4,000 at the end of the fifth year. The total present value of these payments if interest is at 9% is?
How much must be deposited at the beginning of each year in order to accumulate $10,000 in four years if interest is at 9%?
Patented processes that will result in cash receipts of $2,500 at the end of each of the next four years and a ballon receipt of $4,000 at the end of the fifth year. The total present value of these payments if interest is at 9% is?