What is the present value of 2500 received in years 3 and 6
a. What is the present value of $2,500 received in years 3 and 6, $2,000 inyears 7 through 10 with an interest rate of 10% compounded annually?
b. What is the annual equivalent payment in problem 1a over 10 years?
Please draw diagrams and show work
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a what is the present value of 2500 received in years 3 and 6 2000 inyears 7 through 10 with an interest rate of 10
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