What is the present value of $1493 per month to be received in each of months...

Question

Question

What is the present value of $1493 per month to be received in each of months 12 through 23 if the required return is 9.2% AP

business finance

Answer 1

Answer #1

9.2% APY into APR:-

=NOMINAL(9.2%,12)

=8.83%

A 1 Months CF ဝဝဝဝဝဝဝဝဝ 1493 1493 1493 1493/ 1493 1493 1493 1493 1493 1493 1493 1493 s15,763.00 | 23) 25 PV

Answer 2

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