Note: Don't copy from other websites. Please kindly give me both right solutions A) How much money should you be willing to pay now for a guaranteed $600 per year for 8 years starting next year, at a rate of return of 14% per year? B) For the previous case if you have a uniform withdrawal of 200 $/yr starting in the 4th year, what will be the deposited amount ?
Note: Don't copy from other websites. Please kindly give me both right solutions A) How much money should you be willing to pay now for a guaranteed $600 per year for 8 years starting next year, at a rate of return of 14% per year? B) For the previous case if you have a uniform withdrawal of 200 $/yr starting in the 4th year, what will be the deposited amount ?
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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Note: Don't copy from other websites.
Please kindly give me both right solutions
A) How much money should you be willing to pay now for a guaranteed $600 per year for 8 years starting next year, at a rate of return of 14% per year?
B) For the previous case if you have a uniform withdrawal of 200 $/yr starting in the 4th year, what will be the deposited amount ?
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