Identify the equivalent of present worth of a uniform series


Identify the equivalent of present worth (t = 0) of a uniform series of $4550 for 8 years, if the payment is made every 12 months, starting six years from now. Suppose the interest rate is 12% per year, compound continuously.

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Macroeconomics: Identify the equivalent of present worth of a uniform series
Reference No:- TGS0873074

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