Time Value of Money Illustration 24
A is due to receive  10,000 at end of 5 years. Since A is need of money immediately, he wants to sell his interest to B. B wants return of 10% p.a. on his investment. How much he should pay to A?
Time Value of Money Illustration 24
A is due to receive  10,000 at end of 5 years. Since A is need of money immediately, he wants to sell his interest to B. B wants return of 10% p.a. on his investment. How much he should pay to A?
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