determine the present equivalent value of 400


determine the present equivalent value of $400 paid every three months over a period of seven years in each of the follwing situations:

a) the interest rate is 12% componded annualy.

b) the interest rate is 12% compounded qarterly.

Request for Solution File

Ask an Expert for Answer!!
Econometrics: determine the present equivalent value of 400
Reference No:- TGS0500374

Expected delivery within 24 Hours