Find the present worth of a future payment of 100,000 to be made in 10 years with an interest of 12% compounded semi-quarterly on the first 4 years and 10% compounded quarterly on the last 6 years. Draw a cash flow diagram.

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Find the present worth of a future payment of 100,000 to be made in 10 years with an
interest of 12% compounded semi-quarterly on the first 4 years and 10% compounded
quarterly on the last 6 years. Draw a cash flow diagram.
Transcribed Image Text:Find the present worth of a future payment of 100,000 to be made in 10 years with an interest of 12% compounded semi-quarterly on the first 4 years and 10% compounded quarterly on the last 6 years. Draw a cash flow diagram.
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