What is the present value of an amount of ¢100 is deposited in an account at the start of the every year for a 6years period at an effective rate of 5% per annum, if the first deposits is made one year from now

What is the present value of an amount of ¢100 is deposited in an account at the start of the every year for a 6years period at an effective rate of 5% per annum, if the first deposits is made one year from now

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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