Question

79. Find the present value of a sequence of annual payments of 36,000 each, the first being
made at the end of 5 years and the last, at the end of 12 years if the money is wort
6% per annum, compounded annually. [Given : (1.06)-4 = 0.7921, (1.06)-12 = 0.497
(a) 29,300 (b) * 29,500 (c) * 26,300 (d) none of these​

Answer 1

Answer:

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