Chat with AI
Macroeconomics 9th Edition by David Colander
Edition 9ISBN: 978-0077501860Macroeconomics 9th Edition by David Colander
Edition 9ISBN: 978-0077501860 Exercise 29
What is the present value of a cash flow of $100 per year forever (a perpetuity), assuming:
The interest rate is 10 percent.
The interest rate is 5 percent.
The interest rate is 20 percent.
a.Working with those same three interest rates, what are the future values of $100 today in one year How about in two years
b.Working with those same three interest rates, how long will it take you to double your money
The interest rate is 10 percent.
The interest rate is 5 percent.
The interest rate is 20 percent.
a.Working with those same three interest rates, what are the future values of $100 today in one year How about in two years
b.Working with those same three interest rates, how long will it take you to double your money
Explanation
Verified
Verified
Substitute the values of earning per yea...
Macroeconomics 9th Edition by David Colander
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255
