Observe that we utilize the foundation P / A great i , letter once we have equal series of repayments
Observe that we utilize the foundation P / A great i , letter once we have equal series of repayments Analogy step 1-5: Assess the present value of 10 uniform opportunities off 2000 cash to be invested at the end of every year for interest rate a dozen% per year compound a year. Playing with Picture 1-5, we will see:…