Publicité
A leaves an estate of 100,000. Interest on the estate is paid to ben.pdf
Prochain SlideShare
A major concern with a repeated-measures study is the possibility of.pdfA major concern with a repeated-measures study is the possibility of.pdf
Chargement dans ... 3
1 sur 1
Publicité

Contenu connexe

Publicité

A leaves an estate of 100,000. Interest on the estate is paid to ben.pdf

  1. A leaves an estate of 100,000. Interest on the estate is paid to beneficiary B for the first 10 years, to beneficiary C for the second 10 years, and to charity D thereafter. Find the present value of B's share, C's share, and D's share with the assumption the annual effective rate of interest is 6%. Solution PV at year 10 = (6000/0.06)[1-1/1.0610) = 44160.52 (Year 11-20) NPV = (1/1.0610)x PV at year 10 NPV = 24659
Publicité